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Demographic Analysis of Zip Code 60045: Predominantly White Population with High Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 60045 in Lake Forest, Illinois, exhibits low diversity as of 2022. The area is predominantly white (83%) with a median income of $173,358, which is significantly above national averages. The population has remained relatively stable over the past decade, fluctuating around 21,000 residents.
Over the past decade, Lake Forest has consistently maintained low diversity, with the white population as the clear majority. However, there are indications of a gradual shift towards increased diversity. The white population decreased from 91% in 2013 to 83% in 2022. Concurrently, the Asian population increased from 5% to 6%, the Hispanic population grew from 3% to 5%, and the multi-racial category expanded from 1% to 4%.
The median income in Lake Forest has fluctuated but remains exceptionally high. It was $166,917 in 2013, peaked at $185,370 in 2017, and stood at $173,358 in 2022. Despite minor fluctuations, the area has maintained its status as a very high-income community.
Lake Forest's demographic trends align with broader national patterns of slowly increasing diversity in affluent suburbs, but at a much slower pace. The slow rate of change could be attributed to high property values and cost of living acting as barriers to entry for more diverse populations, the community's established reputation as an exclusive enclave, and potentially limited job market diversity in the immediate area.
In conclusion, while Lake Forest is showing signs of incremental diversification, it remains a predominantly white, extremely affluent community. The slow pace of change suggests that significant shifts in the community's demographic makeup are likely to occur over a much longer timescale compared to national averages, barring any major economic or policy changes that could accelerate this transition.
