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Demographics
Population
Median Income
Racial Distributions
The zip code 60949 in Ludlow, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. Data indicates that 92% of the population identifies as white, with a median income of $71,681. The community has 494 residents and has maintained a relatively stable population over the past decade, with some variations in demographics and economic indicators.
Throughout the period from 2013 to 2022, Ludlow has consistently been categorized as "Low Diversity," with the white population maintaining a significant majority (over 75%) each year. The white population percentage has remained relatively stable, ranging from 89% to 95% over the decade. There has been a slight increase in the Hispanic population, from 3% in 2013 to 6% in 2022. The Black population has remained consistently low, decreasing from 1-2% to 0% in recent years. The "Two or More Races" category has maintained a steady 1-2% throughout the period.
The median income in Ludlow has shown a significant upward trend over the past decade. From 2013 to 2022, the median income increased from $51,875 to $71,681, representing a growth of about 38%. The most substantial year-over-year increase occurred between 2020 and 2021, with median income rising from $71,140 to $76,589. There was a slight decrease in median income from 2021 to 2022, dropping from $76,589 to $71,681.
This overall increase in median income suggests improving economic conditions for the community, which may have contributed to the stability of the demographic makeup. Higher incomes could potentially attract new residents or encourage existing residents to stay, maintaining the community's demographic status quo.
The trend of increasing median income in Ludlow aligns with broader national trends of economic recovery and growth following the 2008 recession. The very gradual increase in Hispanic population mirrors national trends of growing Hispanic communities across the United States, although at a much slower rate in this particular zip code. The persistent lack of diversity in this community contrasts with national trends towards increasing diversity, particularly in urban and suburban areas. This suggests that Ludlow may be more isolated from broader demographic shifts occurring in larger metropolitan areas or more diverse regions of the country.
In conclusion, while Ludlow has experienced notable economic growth over the past decade, its demographic composition has remained relatively stable, maintaining its status as a low-diversity, white-majority community. The subtle increases in the Hispanic population and overall economic improvements may indicate the potential for more significant demographic shifts in the future, but for now, the community remains characterized by its lack of racial diversity and steadily improving economic conditions.