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Demographics
Population
Median Income
Racial Distributions
The zip code 61547 in Lake Camelot, Illinois, is categorized as a community with "Low Diversity" as of 2022. The population is predominantly white, with 91% identifying as such. The median income for 2022 was $84,268, indicating a relatively affluent community.
Lake Camelot has maintained its status as a community with "Low Diversity" over the past decade. The white population has remained the majority, never dropping below 91%. The percentage of residents identifying as two or more races increased from 1% in 2013 to 7% in 2022, indicating a gradual trend towards increasing diversity. The Hispanic population fluctuated slightly, peaking at 4% in 2016-2017 before declining to 1% in recent years. In 2022, a Native American population (2%) appeared, which was not present in previous years.
The median income in Lake Camelot has shown overall growth from 2013 to 2022, with some fluctuations. The median income increased from $79,681 in 2013 to $84,268 in 2022, representing a growth of about 5.8% over nine years. The highest median income was recorded in 2021 at $88,438, followed by a slight decrease in 2022. The population peaked in 2017 at 2,567 residents, which coincided with a slight dip in median income to $83,711.
The median income of $84,268 in 2022 is likely above the national average, indicating that Lake Camelot is a relatively affluent community. While the community remains predominantly white, the gradual increase in multi-racial residents aligns with national trends of increasing diversity, albeit at a much slower pace in this area. With a population of 2,245 in 2022 and an area of 22.04 square miles, Lake Camelot is a relatively small, low-density community.
Lake Camelot represents a stable, affluent, predominantly white community that is showing very gradual signs of increasing diversity. The economic stability of the area, as evidenced by the consistent growth in median income, may be a factor in the slow pace of demographic change. As the community continues to evolve, it will be interesting to see if the recent increases in multi-racial and Native American populations represent the beginning of a more significant shift towards diversity in the coming years.