Loading Content...
Demographic Analysis of Zip Code 61047: Predominant White Population and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 61047 in Leaf River, Illinois, is categorized as a "Low Diversity" community as of 2022. The population is 93% white. The current median income is $76,144, which has increased significantly over the past decade. This rural community has a population density of about 31.6 people per square mile and has experienced subtle demographic shifts and notable economic changes over the last ten years.
Throughout the period from 2013 to 2022, Leaf River has maintained its status as a "Low Diversity" community. The white population has consistently comprised over 90% of the total population. Minor fluctuations in diversity include an increase in the Hispanic population from 1% in 2013 to 4% in 2022, a relatively stable Black population fluctuating between 0-2%, and a consistent presence of 2-3% of the population identifying as two or more races. These changes indicate a slight trend towards increased diversity, albeit at a very slow pace.
The median income in Leaf River has shown an upward trend over the decade, increasing from $60,230 in 2013 to $76,144 in 2022. This represents a 26.4% increase over nine years, outpacing inflation for the same period. The most significant increase occurred between 2020 and 2021, with median income rising from $75,909 to $88,957, before slightly decreasing in 2022.
The population has fluctuated during this period, peaking at 2,348 in 2017 and declining to 1,969 in 2022. The population decline in recent years, coupled with rising incomes, might suggest an outmigration of lower-income residents or an influx of higher-earning individuals, potentially changing the community's economic landscape.
The persistent lack of diversity in Leaf River contrasts with national trends towards increasing diversity in many areas. The significant increase in median income (26.4% over nine years) outpaces the national average income growth for the same period, suggesting local economic factors contributing to prosperity. The population decline in recent years, despite rising incomes, may indicate challenges in retaining younger residents or attracting new families, a common issue in many rural American communities.
In conclusion, Leaf River remains a "Low Diversity" community but has experienced subtle demographic shifts and significant economic growth over the past decade. The challenge moving forward may be to leverage this economic growth to attract a more diverse population and reverse the recent trend of population decline, ensuring the long-term vitality of the community.
