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Demographics
Population
Median Income
Racial Distributions
The zip code 60948 in Loda, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 95% white, a characteristic that has remained stable over the past decade. This indicates a consistent racial composition in the community.
Over the past decade, Loda has maintained its "Low Diversity" status. The white population has consistently represented over 90% of the total population, with minimal representation from other racial groups. There have been no significant transitions between diversity categories during this period.
Minor fluctuations in demographics include a slight decrease in the Hispanic population from 6% in 2013 to 2% in 2022, and a small increase in the "Two or More Races" category from 0% in 2016 to 2% in 2022. These minor shifts suggest a very gradual trend towards slightly increased diversity, but not enough to change the overall classification of the community.
The median income in Loda has shown variability over the past decade. In 2013, it was $54,572, peaking in 2021 at $68,902, and standing at $58,193 in 2022. This represents a modest overall increase of about 6.6% from 2013 to 2022, slightly outpacing inflation. The significant jump in 2021 followed by a decrease in 2022 suggests some economic volatility.
The population has remained relatively stable, fluctuating between 766 (2014) and 869 (2011) residents. The 2022 population of 818 is very close to the 2013 figure of 815, indicating minimal net change over the decade.
The racial homogeneity of Loda contrasts with national trends towards increasing diversity. The median income growth appears modest compared to national averages. The U.S. median household income grew by about 10% in real terms between 2013 and 2022, suggesting Loda may be slightly behind the national economic growth curve.
The stability in population contrasts with trends in many rural areas, which have often seen population declines as younger residents move to urban centers. Loda's ability to maintain its population could be seen as a positive indicator of community stability.
Loda presents a picture of a stable, predominantly white community with modest economic growth. While it has not experienced the rapid diversification seen in many other parts of the country, there are subtle signs of very gradual change. The economic data suggests a community that is holding its own but not experiencing dramatic growth or decline. These trends likely reflect the broader challenges and opportunities faced by small, rural communities in maintaining their economic base and attracting new residents in an increasingly urbanized national landscape.