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Demographic Analysis of Zip Code 60124: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 60124 in Elgin, Illinois, is classified as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 69% of the total, with Hispanic (17%) and Asian (9%) populations representing significant minority groups. The area's median income in 2022 was $118,968, indicating economic prosperity significantly above the national median income.
Over the past decade, this zip code has maintained its "White Majority" status while gradually transitioning towards increased diversity. The white population decreased from 74% in 2013 to 69% in 2022, while Hispanic and Asian populations grew. This trend suggests a slow but steady movement towards a "Transitional Community," with increasing representation from minority groups.
The Hispanic population demonstrated the most significant growth, increasing from 9% in 2013 to 17% in 2022. The Asian population remained relatively stable, fluctuating between 7-10% over the decade. The Black population consistently remained low, around 1-3%. The "Two or More Races" category increased from 1% in 2013 to 3% in 2022, further indicating a trend towards increased diversity.
The median income in this zip code showed an overall upward trend, rising from $109,018 in 2013 to $118,968 in 2022, representing a 9.1% increase over the decade. This growth in median income coincided with the increasing diversity of the area, suggesting that the influx of diverse populations has not negatively impacted the economic prosperity of the region.
The population grew from 22,593 in 2013 to 26,110 in 2022, a 15.6% increase. This population growth, coupled with increasing diversity and rising median income, indicates that the area is attracting a diverse range of economically successful residents.
The demographic shifts observed in this zip code align with broader national trends of increasing diversity in suburban areas. Many suburbs across the United States have been experiencing similar transitions, with growing Hispanic and Asian populations in particular.
The economic resilience of this area, maintaining high median incomes while becoming more diverse, is noteworthy. It suggests that this community has successfully integrated new residents from various backgrounds without experiencing economic decline, a pattern that is not universal across transitioning communities nationwide.
The consistent growth in population and income levels indicates that this zip code remains an attractive location for residents, possibly due to its combination of economic opportunities and increasing diversity. This trend contrasts with some other suburban areas that have faced economic challenges or population decline in recent years.
Zip code 60124 in Elgin, Illinois, represents a prosperous, predominantly white community that is gradually transitioning towards greater diversity. The area has maintained its economic strength while becoming more inclusive, potentially positioning it as an increasingly attractive location for a diverse range of residents in the coming years.
