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Demographics
Population
Median Income
Racial Distributions
Zip code 61073 in Roscoe, Illinois, is classified as a Low Diversity community with a White Majority as of 2022. The area has a population of 21,316 and a median household income of $96,376. This indicates a relatively affluent suburban community.
Over the past decade, Roscoe has shown a gradual shift from extremely Low Diversity towards becoming a Transitional Community. The white population decreased from 92% in 2013 to 84% in 2022, maintaining a White Majority but indicating a slow trend towards increased diversity. The Hispanic population increased from 3% to 7%, and the Black population grew from 1% to 4% during this period.
Roscoe has experienced substantial economic growth alongside these demographic shifts. The median household income rose from $80,341 in 2013 to $96,376 in 2022, a 20% increase over nine years. This growth outpaced inflation, indicating real economic gains for the community. Population growth was modest, increasing from 20,313 in 2013 to 21,316 in 2022, a growth of about 5%.
The demographic changes in Roscoe are occurring at a slower pace compared to national trends, while the economic growth likely exceeds national averages for suburban income growth. The community's transition towards greater diversity, coupled with strong economic growth, may indicate increasing attractiveness to a wider range of residents.
Despite increases in diversity, the community remains predominantly white. The pace of change suggests that any major shift in the demographic makeup is likely to occur over a long period. The economic strength of the area may continue to attract a more diverse population, potentially accelerating the transition in the coming years.
Roscoe represents a community in the early stages of demographic transition, moving slowly from Low Diversity to potentially Moderate Diversity, while experiencing strong economic growth. This combination of factors positions the community for potential further changes in its social and economic landscape in the future.