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Demographics
Population
Median Income
Racial Distributions
The zip code 60056 in Mount Prospect, Illinois, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 56,791 and a median household income of $89,604, indicating a relatively affluent suburban setting.
Over the past decade, Mount Prospect has maintained its status as a "White Majority" community, but with a gradual trend towards increased diversity. The white population has decreased from 69% in 2013 to 65% in 2022, while other racial groups have seen slight increases. The Hispanic population has remained relatively stable, fluctuating between 14-16% throughout the decade. The Asian community has seen a small but steady increase from 12% to 13%. The Black population has grown from 1% to 2-3% over the years.
The community is showing signs of becoming a "Transitional Community," with the percentage of those identifying as two or more races increasing from 1% in 2013 to 3% in 2022, indicating a trend towards greater diversity. The median household income has shown an overall upward trend, rising from $86,306 in 2013 to $89,604 in 2022, with a notable spike to $101,166 in 2021. This general increase in median income correlates with the gradual diversification of the community, suggesting that the area is attracting a diverse range of middle to upper-middle-class residents.
The population has remained relatively stable over the decade, with minor fluctuations. There was a slight dip in 2020 followed by a rebound in 2021 and 2022, coinciding with the spike and subsequent moderation in median income.
The demographic trends in Mount Prospect reflect broader national patterns of increasing diversity in suburban areas. The stable yet gradually diversifying population, coupled with rising incomes, suggests that this community is experiencing "suburbanization of diversity," a trend seen in many U.S. metropolitan areas where suburbs are becoming more racially and ethnically diverse while maintaining economic stability or growth.
The community's median income is significantly higher than the national median, indicating that Mount Prospect is an affluent suburb. This economic status may be a factor in attracting a diverse range of middle and upper-middle-class families, contributing to the gradual increase in diversity.
The steady increase in the Asian population and the growth of the multi-racial category align with national trends of these being among the fastest-growing demographic groups in the United States. However, the relatively stable Hispanic population percentage differs from the rapid growth this group is experiencing in many other parts of the country.
Mount Prospect (60056) represents a gradually diversifying, economically stable suburban community. While it remains a "White Majority" area, the trends suggest a slow but steady transition towards greater diversity, particularly in terms of Asian and multi-racial residents. These demographic shifts, coupled with rising incomes, indicate that the community is evolving while maintaining its economic appeal, a pattern reflective of broader trends in affluent American suburbs.