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Demographics
Population
Median Income
Racial Distributions
Zip code 60953, encompassing Milford in Illinois, exhibits characteristics of a Low Diversity community with a strong White Majority. As of 2022, the racial composition shows 95% of the population identifying as white, with minimal representation from other racial groups. The median income for 2022 is $52,195, reflecting a moderate economic status for the area.
Over the past decade, Milford has consistently maintained its status as a Low Diversity community with a White Majority. The percentage of white residents has remained above 89% throughout the period, reaching as high as 96% in 2021. This stability in racial composition suggests a lack of significant demographic change in the area.
There are subtle indications of minor shifts. The Hispanic population has fluctuated slightly, peaking at 7% in 2017 but generally hovering around 3-5% in recent years. The percentage of individuals identifying as two or more races has remained consistently low, typically around 1-3%. Data for Asian, Black, and Native American populations is largely unavailable or shows 0% representation.
The median income in Milford has shown a generally upward trend over the past decade, with some fluctuations. From 2013-2016, there was a slight decline from $48,162 to $44,667. From 2017-2021, a consistent increase was observed, peaking at $57,422 in 2021. In 2022, there was a slight decrease to $52,195. The population has remained relatively stable, fluctuating between about 2,400 and 2,500 residents throughout the period.
The demographic stability of Milford contrasts with broader national trends towards increasing diversity in many areas of the United States. The persistent Low Diversity and White Majority status of this community suggests it may be a more traditional, rural area that has not experienced the demographic shifts seen in more urban or suburban regions.
The gradual increase in median income over the decade, despite a slight dip in 2022, generally aligns with national trends of slow but steady economic growth post-2008 recession. However, the community's median income remains below national averages, which could reflect its rural nature and the economic challenges often faced by small towns.
Milford represents a stable, predominantly white community with gradual economic improvements but little racial diversification over the past decade. This pattern suggests a community that may be somewhat isolated from broader demographic trends, potentially due to its rural location or local economic factors that haven't attracted significant new populations.