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Demographics
Population
Median Income
Racial Distributions
Zip code 60102 in Algonquin, Illinois, is classified as a "White Majority" community with "Low Diversity" as of 2022. The demographic composition shows a white majority (77%), with Hispanic (11%) and Asian (6%) populations as the most significant minority groups. The median household income of $110,921 in 2022 indicates an affluent suburban community.
Over the past decade, Algonquin has maintained its "White Majority" status, but there are indications of a gradual shift towards increased diversity. The white population has decreased from 83% in 2014 to 77% in 2022, while Hispanic and Asian populations have shown slight increases. This trend suggests a slow transition towards "Moderate Diversity," though this threshold has not yet been reached.
The community has experienced an increase in residents identifying as two or more races, rising from 1% in 2013 to 3% in 2022. This could indicate a "Transitional Community" aspect, as multiracial identities become more prevalent.
The median household income has shown an overall upward trend, increasing from $106,772 in 2013 to $110,921 in 2022, with a peak of $118,583 in 2021. This economic growth coincides with the gradual increase in diversity, suggesting that the area's economic prosperity may be attracting a more diverse population.
The population has remained relatively stable over the decade, fluctuating between 29,700 and 30,700 residents. This stability, combined with rising incomes and increasing diversity, may indicate a desirable living environment that is slowly opening up to a broader demographic.
The trends in Algonquin align with patterns seen in many affluent suburbs across the United States. These areas often experience gradual diversification as minority groups gain increased economic mobility and seek high-quality suburban living environments.
The community's high median income, significantly above the national average, likely contributes to its ability to attract a slowly diversifying population while maintaining its predominant characteristics. The gradual nature of these changes suggests a stable community undergoing subtle demographic shifts rather than rapid transformation.
Algonquin remains a "White Majority" community with "Low Diversity," but there are clear indications of a slow transition towards greater diversity. This change, coupled with consistent economic growth, indicates a prosperous suburb gradually adapting to broader demographic trends while maintaining its core characteristics. The coming years may see this community progress towards a "Moderate Diversity" classification if current trends continue.