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Demographics
Population
Median Income
Racial Distributions
Neoga, Illinois, is classified as a Low Diversity community with a White Majority. As of 2022, 96% of the population identifies as white, with minimal representation from other racial groups. The city's median income has increased to $72,584 in 2022, indicating economic improvement despite a gradual population decline.
Over the past decade, Neoga has maintained its status as a Low Diversity community with a White Majority. The white population percentage has increased from 93% in 2015 to 96% in 2022. The Hispanic population showed fluctuation, peaking at 4% in 2016-2017 before declining to 1% by 2022. The percentage of individuals identifying as two or more races has grown from 0% in 2015 to 4% in 2022.
The city has experienced significant economic growth, with median income rising from $43,532 in 2015 to $72,584 in 2022, an increase of about 67%. This growth occurred despite a population decline from 2,884 in 2015 to 2,629 in 2022, a decrease of about 9%. The inverse relationship between population decline and income growth could indicate outmigration of lower-income residents, economic improvements benefiting remaining residents, or a possible influx of higher-income individuals in smaller numbers.
Based on observed trends, Neoga is likely to maintain its status as a Low Diversity, White Majority community in the near future. However, the gradual increase in individuals identifying as two or more races, coupled with economic growth, suggests the potential for a slow transition towards slightly increased diversity.
If current trends continue, Neoga might eventually transition into a Moderate Diversity category, particularly if the percentage of residents identifying as two or more races continues to grow, economic opportunities attract a more diverse population, and the Hispanic population stabilizes or begins to increase again. However, this transition would likely occur over an extended period, given the current strong White Majority.
The city's economic growth could be a key factor in potentially attracting a more diverse population in the future, possibly leading to a Transitional Community status if demographic changes accelerate. Neoga's ability to maintain its economic growth while potentially attracting a more diverse population will be crucial in shaping its future demographic landscape.