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Demographics
Population
Median Income
Racial Distributions
The zip code 61484 in Vermont, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 98% white, a classification that has remained stable over the past decade. The median income in 2022 was $48,515, with a population of 1,128.
From 2013 to 2022, Vermont has consistently maintained its "Low Diversity" status. The white population has remained above 90% throughout this period, with minimal fluctuations. There have been no significant transitions between diversity categories, indicating a stable racial demographic.
Minor shifts in demographics include a decrease in the Black population from 2-3% in 2013-2014 to 0% by 2018, a consistent Hispanic population of around 1%, fluctuations in the Asian population between 0-1%, and a decrease in the "Two or More Races" category from 2% in 2013-2014 to 0% in recent years. These changes have not significantly altered the community's "Low Diversity" classification.
The median income in Vermont has shown an overall upward trend from 2013 to 2022, despite fluctuations. It increased from $38,878 in 2013 to $48,515 in 2022, representing a total increase of about 24.8% over the decade, outpacing inflation for the same period. This suggests a general improvement in economic conditions for the community.
The population has shown a slight downward trend, decreasing from 1,379 in 2013 to 1,128 in 2022, representing a decrease of about 18.2% over the decade. The combination of rising median income and decreasing population could indicate improved economic conditions for some residents, while others may be leaving the area.
The persistent "Low Diversity" classification of Vermont contrasts with national trends towards increasing diversity in many areas of the United States. The increase in median income aligns with broader economic growth trends seen in many parts of the country over the past decade. The population decrease in Vermont goes against the trend of overall population growth in the United States, potentially indicating challenges in retaining or attracting residents.
Vermont presents a picture of a stable, predominantly white community that has seen economic improvements over the past decade but is facing challenges with population retention. The lack of significant demographic shifts suggests that the community has not experienced the increasing diversity seen in many other parts of the country. Future economic development strategies may need to focus on attracting a more diverse population to counteract the declining population trend and potentially stimulate further economic growth.