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Demographics
Population
Median Income
Racial Distributions
The zip code 61738 in El Paso, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 95% white, a characteristic that has remained stable over the past decade. The current median income is $71,475, indicating a relatively affluent community.
From 2013 to 2022, El Paso has maintained its "Low Diversity" status. The white population has consistently exceeded 90% during this period, with minimal fluctuations. Other racial groups have shown slight increases, but not enough to alter the overall demographic categorization.
The Hispanic population increased from 0% in 2013 to 1% in 2022, while the Black population remained at 1-2%. The Asian population appeared in the 2022 data at 1%, and the "Two or More Races" category increased from 1% to 2% over the decade. Despite these minor changes, the community's "Low Diversity" classification has persisted.
El Paso's median income has shown an upward trend, rising from $59,826 in 2013 to $71,475 in 2022, a 19.5% increase over nine years. A significant increase occurred between 2018 and 2019, from $68,628 to $75,603, coinciding with a slight increase in diversity as the Hispanic population began to register in the data.
The population has remained relatively stable, decreasing slightly from 3,823 in 2013 to 3,657 in 2022. This minor decline has not negatively impacted the area's overall economic growth.
El Paso's persistent "Low Diversity" status contrasts with national trends towards increasing diversity in many urban and suburban areas. However, the community's economic growth aligns with broader trends of economic recovery and growth following the 2008 financial crisis.
The stability of the racial composition in El Paso may suggest limited in-migration from diverse populations, which is often observed in more urban or rapidly growing suburban areas. This could be attributed to factors such as geographic location, local industry, or community characteristics.
The increase in median income, outpacing inflation, indicates real economic growth in El Paso. This trend is positive for the community but may contribute to maintaining the current demographic makeup if rising living costs create challenges for new, potentially more diverse residents to move into the area.
In conclusion, El Paso has experienced economic improvements over the past decade, while its racial composition has remained largely unchanged, maintaining its "Low Diversity" status. The minor increases in diversity and significant income growth suggest a community experiencing economic prosperity while slowly beginning to see small shifts in its demographic makeup.