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Demographics
Population
Median Income
Racial Distributions
The zip code 61776 in Towanda, Illinois, is classified as having "Low Diversity" as of 2022. The population is 92% white, with minimal representation from other racial groups. The median income is $104,518, indicating an affluent community.
Over the past decade, Towanda has maintained its "Low Diversity" status. The white population decreased from 97% in 2013 to 92% in 2022. The Asian population increased from 0% to 3%, while Black and Hispanic populations grew from 0% to 2% each. These changes suggest a slow trend towards increased diversity.
The median income in Towanda has grown from $84,952 in 2013 to $104,518 in 2022, representing a 23% increase. The population has grown from 1,585 in 2013 to 1,683 in 2022, a 6.2% increase.
Towanda's 92% white majority is higher than the national average of about 60% white as of the 2020 census. The median household income in Towanda ($117,469 in 2021) is significantly higher than the national average ($70,784 in 2021), indicating economic prosperity.
The slow pace of diversification in Towanda could be attributed to its small size and limited housing stock, with only an estimated 645 housing units as of 2022.
In conclusion, Towanda remains a "Low Diversity" community but shows early signs of transitioning towards greater diversity. Its strong economic performance may be attracting new residents and slowly changing its demographic makeup. However, the changes are gradual, and it may take many years before the community could be reclassified into a different diversity category.