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Demographic Analysis of Zip Code 60042: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 60042 in Island Lake, Illinois, is classified as a "White Majority" community as of 2022, with a median income of $80,259. The area exhibits indications of increasing diversity, potentially transitioning towards a "Transitional Community" status.
Over the past decade, Island Lake has maintained its "White Majority" status, with a gradual trend towards increased diversity. The white population decreased from 79% in 2013 to 74% in 2022. The Hispanic population demonstrated the most significant growth, increasing from 15% in 2013 to 20% in 2022. This trend suggests a potential shift towards a "Moderate Diversity" classification in the future if current patterns persist.
The Asian population increased from 2% in 2013 to 3% in 2022, while individuals identifying as two or more races doubled from 1% to 2% over the same period. These changes further contribute to the area's increasing diversity.
The median income in Island Lake has shown an upward trend over the past decade, increasing from $71,568 in 2013 to $80,259 in 2022, representing a growth of about 12% over nine years. The population has fluctuated, peaking at 7,912 in 2013 and declining to 7,480 in 2022. This slight population decrease, coupled with the increase in median income, suggests a potential shift in the socioeconomic makeup of the community.
The demographic shifts observed in Island Lake align with broader national trends of increasing diversity in suburban areas. The growth in the Hispanic population reflects a pattern seen in many Midwestern communities over the past decade. The economic growth in the area is notable, especially considering the economic challenges faced nationally during this period, including the COVID-19 pandemic.
Island Lake remains a "White Majority" community but shows clear signs of transitioning towards greater diversity. This demographic shift, coupled with rising median incomes, indicates a community in flux, potentially moving towards a more diverse and economically robust future. The coming years will be crucial in determining whether these trends accelerate, potentially leading to a reclassification of the community's diversity status and further changes in its socioeconomic landscape.
