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Demographic Analysis of Zip Code 60421: Predominant White Population and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 60421 in Elwood, Illinois, is categorized as having "Low Diversity" as of 2022. The population is predominantly white, comprising 85% of the total. The median income for this zip code in 2022 was $94,461. The community has experienced some demographic changes over the past decade.
From 2013 to 2022, Elwood maintained its "Low Diversity" status, with the white population remaining above 75%. The white population decreased from 91% in 2013 to 85% in 2022. The Hispanic population increased from 7% in 2013 to 10% in 2022. The Black population fluctuated, reaching 5% in 2015-2018, and settling at 4% in 2022. These changes suggest a slow trend towards increased diversity.
The median income in Elwood increased from $72,747 in 2013 to $94,461 in 2022, representing a 30% growth over nine years. This income growth correlates with the subtle demographic shifts. The population decreased from 3,874 in 2013 to 3,693 in 2022.
The trend of increasing diversity in Elwood aligns with broader national trends of growing diversity in suburban and rural areas. The income growth in Elwood outpaces national averages. The population decline contrasts with the growth seen in many suburban areas nationally.
Elwood remains a "Low Diversity" community but shows signs of gradual demographic change. This shift, coupled with economic growth, suggests a community in transition. The correlation between increasing diversity and rising incomes could indicate that the area is attracting a more diverse, affluent population. The population decline amidst these changes warrants further investigation into local factors affecting residency and community development.
