The median income in Minonk has shown moderate fluctuations. From 2013 to 2022, it increased from $50,367 to $60,441, representing a growth of about 20% over nine years. The highest median income was recorded in 2018 at $64,936. The overall trend shows a gradual increase in median income.

The stable, predominantly white population coincides with a generally increasing median income, suggesting economic growth within a relatively unchanged racial composition. The minor increases in diversity have not corresponded to significant changes in the overall economic trend.

Population trends show a slight decline from 3,002 in 2013 to 2,879 in 2022, a decrease of about 4%. This modest population decrease, coupled with the increasing median income, might suggest a trend towards an aging population or the outmigration of younger residents.

Minonk's demographic stability contrasts with national trends towards increasing diversity. The city's racial composition remains notably less diverse than national averages, where non-Hispanic whites constitute about 60% of the population as of 2020.

The gradual increase in median income aligns with broader national trends of economic growth over the past decade. The slight population decline is consistent with patterns seen in many small Midwestern towns.

In conclusion, Minonk presents a picture of demographic stability with gradual economic improvement. It remains a "Low Diversity" community, with subtle shifts suggesting potential for increased diversity in the future, albeit at a slower pace than many other areas of the country. The economic growth, despite a slight population decline, indicates resilience in the local economy.