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Demographics
Population
Median Income
Racial Distributions
The zip code 60033 in Harvard, Illinois, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 14,068 and a median income of $61,440. The white population comprises 58% of the total, while the Hispanic population represents 40%.
Over the past decade, this community has transitioned from a more pronounced "White Majority" to a more diverse composition, trending towards a "Majority-Minority" status. In 2013, the white population constituted 65% of the total, with Hispanics at 33%. By 2022, these figures had shifted to 58% and 40% respectively, indicating a steady increase in Hispanic representation.
This demographic evolution suggests Harvard is becoming a "Transitional Community." The consistent growth of the Hispanic population, coupled with a slight increase in residents identifying as two or more races (from 0% in 2013 to 2% in 2022), indicates an increasing diversity trend.
The median income in Harvard has increased from $56,749 in 2013 to $61,440 in 2022, representing an 8.3% increase over the decade. This growth has not been steady, with fluctuations observed throughout the years. There was a significant spike in 2021 to $70,302, followed by a decrease in 2022.
The population has remained relatively stable, decreasing slightly from 14,203 in 2013 to 14,068 in 2022, a decline of less than 1%. This stability suggests that the demographic shifts are more likely due to changing composition of existing residents or generational changes rather than significant influxes of new residents.
The gradual increase in diversity coincides with a modest increase in median income. This could indicate that the growing Hispanic population is finding economic opportunities in the area, contributing to the overall economic growth. However, the recent dip in median income from 2021 to 2022 might suggest some economic challenges that could affect all demographic groups.
The trends observed in Harvard align with broader national patterns of increasing diversity in many suburban and rural areas. The growth of the Hispanic population reflects a nationwide trend of Hispanic population growth and geographic dispersion beyond traditional urban centers.
The economic fluctuations, particularly the sharp rise and fall in median income between 2021 and 2022, might be reflective of broader economic trends related to the COVID-19 pandemic and its aftermath, which affected communities across the United States in various ways.
Harvard, Illinois (zip code 60033) is experiencing a gradual demographic transition towards greater diversity, primarily driven by growth in the Hispanic population. This shift is occurring alongside modest economic growth, though recent fluctuations suggest ongoing economic challenges. As the community continues to evolve, it will be important to monitor how these demographic changes influence local economic conditions, community services, and social dynamics.