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Demographics
Population
Median Income
Racial Distributions
The zip code 61281 in Sherrard, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 2,466 and a median household income of $72,847. This indicates a relatively affluent suburban or rural setting.
Sherrard has maintained its status as a "Low Diversity" community with a "White Majority" over the past decade. The white population has consistently remained above 90% throughout the observed period, with minimal representation from other racial groups. There has been no significant transition between diversity categories, indicating a stable racial composition.
Subtle shifts in demographics have been observed. The Hispanic population has increased slightly from 2% in 2013 to 3% in 2022. Additionally, in recent years (2021-2022), there has been a small emergence of individuals identifying as two or more races (1%), which was not present in earlier years. These minor changes do not alter the overall "Low Diversity" classification but suggest the beginnings of a gradual diversification process.
The median household income in Sherrard has shown an upward trend over the past decade, increasing from $71,905 in 2013 to $72,847 in 2022. This represents a growth of about 1.3% over nine years, which is below the rate of inflation, suggesting relatively stagnant real income growth. The population has experienced fluctuations, with a peak of 2,689 in 2012, a low of 2,327 in 2021, and a recent uptick to 2,466 in 2022.
The median household income of $72,847 in 2022 is above the national median income, indicating that Sherrard is a relatively affluent community. The lack of significant racial diversity in Sherrard contrasts with national trends towards increasing diversity in many American communities. The stable, high percentage of white residents (95% in 2022) is considerably higher than the national average, emphasizing the community's low diversity compared to national demographics.
Sherrard shows signs of very gradual diversification and modest economic growth. It remains a predominantly white, economically stable community that has been largely insulated from rapid demographic changes seen in many other parts of the country. The community's economic stability, coupled with its recent population growth, suggests it may continue to attract new residents, potentially leading to increased diversity in the future, albeit at a slow pace.