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Demographics
Population
Median Income
Racial Distributions
The zip code 61523 in Chillicothe, Illinois, is categorized as an area with "Low Diversity" as of 2022. The community is predominantly white, comprising 90% of the population, with minimal representation from other racial groups. The median income in 2022 was $74,291, indicating a relatively affluent suburban or small-city environment.
Over the past decade, Chillicothe has maintained its status as a "Low Diversity" area. The white population has consistently remained above 90% throughout the observed period. Minor increases in diversity have been noted, with the Hispanic population fluctuating between 2% and 4%, the Asian population maintaining a 1-2% presence since 2015, and the "Two or More Races" category growing from 0% to 6% in 2022.
The median income in Chillicothe has shown an upward trend over the past decade, increasing from $66,901 in 2013 to $74,291 in 2022, representing an 11% growth. Concurrently, the population has declined slightly from 12,025 in 2013 to 11,186 in 2022, a decrease of approximately 7%.
The inverse relationship between rising incomes and declining population may indicate outmigration of lower-income residents, economic growth attracting higher-income residents, or an aging population with grown children moving away.
The persistent "Low Diversity" status of Chillicothe contrasts with national trends towards increasing diversity in many areas. The median income growth outpaces inflation over the same period, suggesting real economic gains for the community. The population decline goes against the trend of population growth in many suburban areas across the U.S., potentially indicating challenges in retaining or attracting new residents despite economic improvements.
In conclusion, Chillicothe has experienced economic improvements over the past decade, while its demographic composition has remained largely stable with only minor shifts towards increased diversity. The community appears economically resilient but may face challenges in diversifying its population and reversing the trend of gradual population decline. These factors could have implications for future community development, local politics, and social dynamics in the area.