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Demographics
Population
Median Income
Racial Distributions
Westmont in Illinois exhibits moderate diversity with a white majority as of 2022. The racial composition comprises 63% white, 15% Asian, 13% Hispanic, and 6% Black residents. The village has a population of 24,461 and a median income of $82,901, categorizing it as a "White Majority" community according to demographic classifications. However, the area has shown increasing diversity over the past decade.
Westmont has been transitioning from a "Low Diversity" community towards a more diverse demographic makeup over the past ten years. The white population decreased from 68% in 2013 to 63% in 2022. Simultaneously, the Asian and Hispanic populations increased from 13% and 8% respectively in 2013 to 15% and 13% in 2022. This trend indicates that Westmont is evolving into a "Transitional Community" as defined by demographic terminologies.
The demographic shifts have coincided with economic changes. The median income increased from $72,514 in 2013 to $82,901 in 2022, representing a 14.3% growth over the decade. This income growth correlates with the increasing diversity, suggesting that new residents, particularly from Asian communities, may be contributing to economic prosperity in the area.
The trends observed in Westmont align with broader patterns seen in many suburban areas across the United States. Many suburbs have been experiencing increased diversity and economic growth as they attract a more varied population seeking quality of life improvements and economic opportunities.
Based on the observed trends, Westmont is likely to continue its trajectory towards greater diversity. Projections suggest that within the next 5-10 years, the community might transition from a "White Majority" to a "Moderate Diversity" category. The white population may decrease below 60%, while Asian and Hispanic populations could each reach or exceed 15-20%. This could result in a more balanced racial composition, with no single group dominating but several groups having significant representation.
Economically, if the correlation between increasing diversity and rising median income persists, further economic growth might be expected. This could lead to Westmont becoming an increasingly attractive destination for diverse, high-skilled professionals, potentially resulting in even higher median incomes. Local policymakers will need to manage this transition carefully to ensure that the benefits of increasing diversity and economic growth are shared equitably across all community members to maintain social cohesion and prevent potential tensions that can arise from rapid demographic changes.