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Demographic Analysis of Zip Code 60520: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 60520 in Hinckley, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 2,821 and a median household income of $75,122, indicating a relatively affluent suburban or rural setting.
Over the past decade, Hinckley has maintained its status as a "Low Diversity" community with a strong "White Majority." The White population decreased from 96% in 2013 to 86% in 2022. The Hispanic population increased from 2% in 2013 to 8% in 2022. The population identifying as two or more races increased from 1% in 2013 to 4% in 2022. The Asian population showed a slight increase from 0% to 2% over the decade.
The median household income in Hinckley increased from $67,094 in 2013 to $75,122 in 2022, representing a 12% increase over the decade. The highest median income was recorded in 2021 at $79,681, followed by a slight decrease in 2022. There was a dip in median income in 2016 to $65,038, but it quickly recovered and continued to grow in subsequent years.
The population has remained relatively stable, fluctuating between 2,696 and 2,831 over the decade, indicating a steady community without rapid growth or decline.
The median household income of $75,122 in 2022 is likely above the national average, suggesting Hinckley is a relatively affluent community. The slow pace of diversification is consistent with many rural or suburban communities in the Midwest, which often experience demographic changes more gradually than urban areas. The stable population and increasing income levels suggest that Hinckley may be an attractive location for families and professionals seeking a small-town environment with economic stability.
Hinckley remains a "Low Diversity" community with a strong "White Majority." There are early indications of a gradual shift towards greater diversity. This trend, coupled with generally increasing median incomes, suggests that the community may be slowly evolving while maintaining economic stability. If these trends continue, Hinckley may transition to a more diverse community over the coming decades, potentially bringing new cultural influences and economic opportunities to the area.
