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Demographics
Population
Median Income
Racial Distributions
Zip code 61438 in Good Hope, Illinois, is classified as a "Low Diversity" community as of 2022. The white population comprises 95% of the total, meeting the criteria for a dominant racial group. The median income in 2022 is $61,471, with a population of 682 residents.
Good Hope has maintained its "Low Diversity" status over the past decade. The white population has consistently remained above 95% from 2013 to 2022. Minor fluctuations in the Hispanic population, ranging from 1% to 4%, have not significantly altered the overall demographic composition. In 2022, a small increase in the black population to 3% was observed, marking the first appearance of this demographic in the available data.
The median income in Good Hope has shown an overall upward trend over the past decade, increasing from $54,895 in 2013 to $61,471 in 2022, representing a 12% increase over nine years. A notable anomaly occurred in 2021 when the median income peaked at $70,965, before returning to previous levels in 2022. The population has fluctuated, starting at 572 in 2013, reaching a peak of 712 in 2021, and settling at 682 in 2022.
The persistent "Low Diversity" categorization of Good Hope contrasts with broader national trends towards increasing diversity in many communities. Many areas across the United States have been experiencing shifts towards becoming "Transitional Communities" or moving towards "Moderate Diversity," particularly in suburban and urban areas.
The income growth in Good Hope, while positive, appears modest compared to national averages. According to the U.S. Census Bureau, the national median household income grew from $51,939 in 2013 to $70,784 in 2021, an increase of about 36%. Good Hope's growth, while following the upward trend, has not kept pace with this national average.
Good Hope presents a picture of demographic stability with gradual economic improvement. Its persistent low diversity sets it apart from national trends towards increasing diversity, while its economic growth, though positive, lags behind national averages. The recent small increase in black population and the anomalous income spike in 2021 may warrant monitoring for potential future shifts in the community's demographic and economic landscape.