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Demographic Analysis of Zip Code 61840: Predominantly White Community with Increasing Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 61840 in Dewey, Illinois, is classified as a "Low Diversity" community as of 2022. The area is predominantly white, with 93% of the population identifying as such. This classification has remained consistent over the past decade, indicating a stable racial composition. The current median income of $98,267 suggests an upper-middle-class economic status for the area.
Throughout the 2013-2022 period, Dewey has maintained its status as a "Low Diversity" community. The white population has remained above 90% for the entire period, with only slight fluctuations. The percentage of residents identifying as two or more races has increased from 1% in 2013 to 6% in 2022. A small Hispanic population (1%) emerged in the data from 2019 onwards. These changes, while minor, could potentially indicate the beginning of a slow transition towards slightly more diversity, though not enough to change the overall classification of the area.
The median income in Dewey has shown a significant upward trend over the past decade. From 2013 to 2022, the median income increased from $77,026 to $98,267, representing a growth of about 27.6%. There was a notable jump in median income between 2019 ($87,806) and 2020 ($103,940), followed by a peak in 2021 ($112,350) before slightly decreasing in 2022. This substantial income growth suggests an improving economic situation for residents, which could potentially attract more diverse populations in the future if the trend continues.
Population figures have remained relatively stable, fluctuating between 939 and 1,129 residents over the decade. This stability in population, combined with rising incomes, might indicate a community that is becoming increasingly affluent while maintaining its existing demographic composition.
The persistent "Low Diversity" classification of Dewey contrasts with national trends towards increasing diversity in many areas of the United States. The significant income growth in Dewey outpaces the national average income growth rate, suggesting that this community is becoming relatively more affluent compared to the country as a whole. The stability in population numbers, combined with rising incomes, might indicate that Dewey is a desirable place to live, potentially with limited housing stock or zoning restrictions that maintain its current demographic makeup.
In conclusion, while Dewey shows signs of slow diversification and significant economic improvement, it remains a predominantly white, affluent community. The subtle demographic shifts and substantial income growth could potentially lead to more significant changes in the future, but for now, the area maintains its "Low Diversity" classification with a strong economic foundation.
