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Demographics
Population
Median Income
Racial Distributions
Zip code 60461 in Olympia Fields, Illinois, is classified as a "Black Majority" community as of 2022. The population is 5,589 with a median income of $86,933. The Black population comprises 72% of the total, exceeding the 50% threshold for a racial majority.
Over the past decade, Olympia Fields has maintained its "Black Majority" status. The Black population percentage has fluctuated between 63% and 75%, showing an upward trend from 2013 to 2021, with a slight decrease in 2022. The White population, the second-largest group, has declined from 29% in 2013 to 19% in 2022. Other racial groups have maintained small but consistent representations, collectively accounting for less than 10% of the population throughout the decade.
The median income in Olympia Fields has fluctuated over the years. From 2013 to 2017, it increased from $79,000 to $95,306, followed by a gradual decline to $86,933 in 2022. The peak in median income in 2017 coincided with the highest percentage of Black residents (72%) up to that point. The population has remained relatively stable over the decade, with minor fluctuations.
Olympia Fields represents a predominantly Black, upper-middle-class suburban community. With a median income consistently above $80,000 throughout the decade, it stands out as an area of relative affluence compared to national averages. The stability of the Black majority in this higher-income bracket challenges some national trends where increased diversity often accompanies economic growth in suburban areas.
The slight decline in median income since 2017, coupled with a small decrease in population since 2020, might reflect broader economic challenges or changing preferences in suburban living post-pandemic. However, the community has largely maintained its demographic and economic character throughout these shifts.
Olympia Fields represents a stable "Black Majority" community with upper-middle-class economic status. While it has experienced some economic fluctuations and minor demographic shifts, its overall character as an affluent, predominantly Black suburb has remained consistent over the past decade, presenting a unique case study in suburban demographic and economic trends.