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Demographics
Population
Median Income
Racial Distributions
The zip code 60407 in Braceville, Illinois, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The population is 85% white and 13% Hispanic. The median income for this area in 2022 was $84,264, indicating an upper-middle-income community.
Over the past decade, Braceville has maintained its "Low Diversity" status with a "White Majority." The white population decreased from 91% in 2018 to 85% in 2022. The Hispanic population increased from 7% in 2018 to 13% in 2022. Other racial groups, including those identifying as two or more races, remained stable at around 2%.
The economic landscape of Braceville has shown growth over the past decade. The median income increased from $68,479 in 2013 to $84,264 in 2022, a growth of about 23% over nine years. The population increased from 1,770 in 2013 to 1,857 in 2022, a growth of about 4.9%.
The gradual increase in diversity, particularly the growth of the Hispanic population, correlates with the rise in median income. This suggests that the community has been attracting a more diverse, yet economically stable population. The slow pace of demographic change, coupled with steady economic growth, indicates a stable community that is gradually becoming more diverse without experiencing rapid shifts.
The demographic makeup of Braceville, with its high percentage of white residents, is not uncommon for rural or small-town America. The gradual increase in Hispanic population aligns with broader national trends of increasing diversity in previously homogeneous communities. The steady increase in median income outpaces the national average inflation rate, suggesting that Braceville has experienced real economic growth over the past decade. The population growth, while modest, is positive, which contrasts with many rural areas that have experienced population decline in recent years.
Braceville represents a stable, predominantly white community that is experiencing gradual diversification, primarily through growth in its Hispanic population. This demographic shift is occurring alongside steady economic growth, suggesting a community that is slowly evolving while maintaining economic stability. The trends indicate a potential for further diversification in the future, which may eventually lead to a transition from "Low Diversity" to "Moderate Diversity" if current trends continue.