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Demographics
Population
Median Income
Racial Distributions
Zip code 60098 in Woodstock, Illinois, is categorized as a "White Majority" community with "Low Diversity" as of 2022. The white population comprises 74% of the total. The area has experienced modest population growth and significant increases in median income over the past decade, indicating a relatively stable and economically improving community.
Over the past decade, Woodstock has maintained its "White Majority" status, but shows signs of a slow transition towards greater diversity. The percentage of white residents decreased from 77% in 2013 to 74% in 2022, while the Hispanic population increased from 18% to 20%. This gradual change suggests the community may be in the early stages of becoming a "Transitional Community," albeit at a slow pace.
The community has consistently remained in the "Low Diversity" category throughout the observed period. The slight increase in representation from other racial groups, particularly Hispanic and Asian populations, indicates a trend towards potentially reaching "Moderate Diversity" in the future if current trends continue.
The median income in Woodstock has shown a significant upward trend, rising from $73,312 in 2013 to $80,620 in 2022, with a peak of $90,492 in 2021. This represents a substantial increase of about 10% over the decade, outpacing inflation and suggesting improving economic conditions for residents.
The period of most rapid income growth (2020-2021) coincides with a slight acceleration in demographic shifts, with the white population decreasing by 2 percentage points and the Hispanic population increasing by 1 percentage point. This could indicate that economic growth is attracting a more diverse population to the area.
The population has grown modestly from 35,438 in 2013 to 36,165 in 2022, an increase of about 2%. This slow but steady growth, combined with rising incomes, suggests a stable community that is gradually becoming more attractive to a diverse range of residents.
The trends observed in Woodstock align with broader patterns seen in many suburban areas across the United States. Many formerly homogeneous suburbs are experiencing gradual increases in diversity, often driven by economic opportunities and changing housing preferences.
The substantial increase in median income, especially the spike in 2021, may reflect broader economic trends related to the post-pandemic recovery and labor market changes. The subsequent decrease in 2022 could indicate a normalization or adjustment period.
The persistent "White Majority" status of Woodstock, despite slow diversification, suggests that the community may be changing more slowly than some comparable suburban areas that have seen more rapid demographic shifts. This could be due to various factors such as housing policies, job market composition, or cultural factors that might influence migration patterns.
Woodstock presents a picture of a stable, predominantly white community that is experiencing gradual diversification and significant economic improvement. While still categorized as "Low Diversity," the trends suggest a slow but steady movement towards becoming a more diverse and economically robust area. These changes, if continued, may have implications for local policies, community services, and cultural dynamics in the coming years.