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Demographic Analysis of Zip Code 60046: A White Majority Community with Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 60046 in Lake Villa, Illinois, is classified as a White Majority community with moderate diversity as of 2022. The white population comprises 71% of the total, while other racial groups include Hispanic (17%), Asian (5%), and Black (4%) communities. The area has a median income of $106,535, indicating an affluent suburban setting.
Lake Villa has been transitioning from a Low Diversity community to a more diverse one over the past decade, while maintaining its White Majority status. The white population decreased from 80% in 2013 to 71% in 2022, indicating a Transitional Community pattern. The Hispanic population has shown the most significant growth, increasing from 10% in 2013 to 17% in 2022. This trend suggests a potential move towards a Moderate Diversity classification in the future if current trends continue.
The Asian and Black populations have also experienced modest increases, contributing to the overall diversification of the community. The percentage of residents identifying as two or more races has remained relatively stable at 2-3% throughout the decade.
The area has experienced substantial economic growth alongside the demographic shift. The median income increased from $93,795 in 2013 to $106,535 in 2022, representing a 13.6% increase over the decade. This growth outpaces inflation, indicating real economic gains for the community.
The population has remained relatively stable during this period, fluctuating between approximately 36,000 and 37,000 residents. The stability in population combined with increasing diversity and rising incomes suggests that the demographic changes are likely due to in-migration of diverse, affluent families rather than significant outmigration of the existing population.
The trends observed in Lake Villa align with broader national patterns of increasing diversity in suburban areas, particularly those near major metropolitan centers. The economic growth in Lake Villa outpaces national averages, suggesting that this community is particularly attractive to upwardly mobile families from diverse backgrounds.
The stability in population numbers, despite increasing diversity and rising incomes, may indicate a limited housing supply or zoning restrictions that keep the overall population growth in check. This could potentially lead to increased property values and further economic stratification within the community.
Lake Villa (zip code 60046) exemplifies a suburban community in transition. It is gradually becoming more diverse, particularly with growth in the Hispanic population, while maintaining its status as a predominantly white, affluent area. This demographic shift, coupled with strong economic growth, suggests a dynamic and changing community that may face both opportunities and challenges as it continues to evolve in the coming years.
