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Demographic Analysis of Zip Code 60037: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Zip code 60037 in Highwood, Illinois, is classified as a "Moderate Diversity" community as of 2022. The white population comprises 58% of the total, while the Hispanic population represents 34%. The median income in 2022 was $90,879, indicating a relatively affluent community.
Highwood has experienced a demographic transition over the past decade. In 2013, the community was classified as "White Majority" with 66% of the population identifying as white. By 2022, this had shifted to a "Moderate Diversity" classification, primarily due to the growth of the Hispanic population. The Hispanic community increased from 15% in 2013 to 34% in 2022, suggesting Highwood could be considered a "Transitional Community" moving towards increased diversity.
As the community has diversified, there has been an upward trend in median income. The median income increased from $78,842 in 2013 to $90,879 in 2022, representing a growth of about 15% over the decade. This suggests that the increasing diversity has not negatively impacted the economic prosperity of the area.
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The population of Highwood has grown from 474 in 2013 to 648 in 2022, an increase of about 37%. This population growth, combined with the increase in median income, indicates that Highwood has become an increasingly attractive place to live.
The trends observed in Highwood align with broader patterns seen in many American suburbs. The increasing diversity, particularly growth in Hispanic populations, is a common trend in many parts of the country. The simultaneous increase in median income is also reflective of national trends where diverse communities often experience economic growth.
The relatively high median income of $90,879 in 2022 suggests that Highwood is more affluent than many areas of the country, which could be attracting a diverse range of well-educated professionals. This could explain the simultaneous increase in diversity and economic prosperity.
Highwood presents a case of a community transitioning from a White Majority to a more diverse demographic composition, while simultaneously experiencing economic growth. This trend suggests that well-managed demographic shifts can coincide with economic prosperity. The future demographic composition of Highwood remains to be seen, whether it will maintain its "Moderate Diversity" classification or potentially move towards "High Diversity" in the coming years.
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