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Demographic Analysis of Zip Code 61774: Predominantly White Population in Stanford, Illinois
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 61774 in Stanford, Illinois, is classified as having "Low Diversity" as of 2022. The population is predominantly white (94%), with minimal representation from other racial groups. The median income is $72,552, indicating a relatively stable economic status for the area.
Over the past decade, Stanford has maintained its status as a "Low Diversity" community. The white population has consistently been the majority, ranging from 88% to 97%. From 2013 to 2015, the community showed slightly more diversity, with the white population at 88% and other groups like Hispanic (4%) and Two or More Races (6-7%) having a more noticeable presence. Starting from 2016, there was a shift towards even lower diversity, with the white population increasing to 94-97% and maintaining this level through 2022.
The Hispanic population has fluctuated between 1-4% over the years, showing a slight decrease in recent years. The Asian population has decreased from 1% to effectively 0% in recent years. Data for the Black population is consistently unavailable, which may indicate either a very small or non-existent Black population in the area.
The median income has shown a general upward trend over the past decade, increasing from $62,800 in 2013 to $72,552 in 2022, representing a growth of about 15.5%. There was a notable increase in median income between 2019 ($66,537) and 2020 ($72,531), coinciding with the onset of the COVID-19 pandemic.
The population has fluctuated over the years, with a general downward trend from 1,109 in 2010 to 805 in 2022, representing a decrease of about 27.4%. The increase in median income has occurred alongside a decrease in population, which could suggest that higher-income residents are remaining while lower-income residents may be moving out.
The racial homogeneity of Stanford is high compared to national averages. As of 2022, the U.S. Census Bureau estimated that the white alone, not Hispanic or Latino population in the United States was about 59.3%, significantly lower than the 94% seen in this zip code. The median household income in the United States was $69,021 in 2022, making Stanford slightly above the national average. The population decline in Stanford contrasts with the overall U.S. trend of population growth, which might indicate local economic or social factors driving out-migration.
Stanford represents a relatively stable, predominantly white community with above-average income levels. While it has experienced some economic growth, its lack of racial diversity and declining population suggest it may face challenges in attracting a more diverse population or stemming the outflow of residents in the future.
