Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 61230 in Albany, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 1,014 and a median income of $77,439. This community has maintained its homogeneous character over the past decade, with only minor demographic shifts.
Throughout the period from 2013 to 2022, Albany has consistently remained a "Low Diversity" community with a "White Majority." The white population has stayed above 90% during this time, with minimal fluctuations. The Hispanic population showed a slight increase from 2% in 2013 to 3-5% in the late 2010s, before returning to 2% in 2022. By 2022, small percentages of Black residents (1%) and those identifying as two or more races (4%) emerged, which were not present or recorded in earlier years.
The median income in Albany has demonstrated an upward trend over the analyzed period, increasing from $59,992 in 2013 to $77,439 in 2022, representing a 29% increase over nine years. There was a temporary decrease in median income to $50,354 in 2015, but it subsequently recovered and continued to rise. The population of the zip code has shown a general downward trend, decreasing from 1,293 in 2013 to 1,014 in 2022, a reduction of approximately 21.6%.
The demographic composition of Albany contrasts with national trends towards increasing diversity. While many areas in the United States are experiencing growing racial and ethnic diversity, this community has maintained its homogeneous character. The economic trends, however, align more closely with national patterns. The increase in median income reflects broader trends of economic growth and rising wages seen in many parts of the country over the past decade.
The population decline in Albany is noteworthy and may indicate challenges in retaining residents or attracting new ones. This could be related to factors such as job opportunities, housing availability, or quality of life issues. The combination of rising incomes and declining population suggests a complex socio-economic landscape. It is possible that while some residents are prospering, others may be leaving for various reasons, potentially including seeking opportunities in more diverse or urban environments.
In conclusion, Albany has experienced some economic improvements, but its demographic composition has remained largely static, maintaining its status as a "Low Diversity" community with a strong "White Majority." The community's ability to adapt to changing national demographics and retain a stable population may be key factors in its future development and sustainability.