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Demographics
Population
Median Income
Racial Distributions
Palos Park, Illinois, is classified as a "Low Diversity" community. As of 2022, the white population comprises 82% of the total, exceeding the 75% threshold for this classification. The village has a population of 11,666 and a median income of $116,226.
Over the past decade, Palos Park has maintained its status as a "Low Diversity" community. The white population has decreased from 89% in 2013 to 82% in 2022. There have been small but steady increases in Asian, Black, Hispanic, and multi-racial populations. These changes suggest a slow trend towards greater diversity.
The median income in Palos Park has grown from $95,024 in 2013 to $116,226 in 2022, an increase of about 22%. This economic growth has occurred alongside the slight increase in diversity. The population has grown moderately, from 11,460 in 2013 to 11,666 in 2022, indicating a stable living environment.
The trends in Palos Park align with broader national patterns of increasing diversity in suburban areas, particularly those with high median incomes. However, the pace of diversification in Palos Park appears to be slower than national averages for similar communities.
Based on the observed trends, Palos Park will likely continue to slowly diversify over the next decade. It may take 15-20 years before the community potentially transitions from "Low Diversity" to "Moderate Diversity." The economic outlook appears strong, with consistent growth in median income. This economic stability may continue to attract a more diverse population, potentially accelerating the diversification process.
If current trends continue or slightly accelerate, Palos Park might transition into a "Transitional Community" category within the next 10-15 years. This would be characterized by a continued decrease in the white population (potentially dropping below 75%) and more significant increases in Asian, Hispanic, and multi-racial populations. However, these changes are occurring gradually, and Palos Park is likely to remain a predominantly white, affluent suburb for the foreseeable future, even as it slowly becomes more diverse.