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Demographics
Population
Median Income
Racial Distributions
Zip code 61870 in Ridge Farm, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 1,622 and a median income of $44,602. Both population and income have decreased over the past decade.
The demographic composition of Ridge Farm has maintained its "Low Diversity" status with a "White Majority" over the past decade. However, subtle shifts indicate a slow trend towards increased diversity. The White population decreased from 99% in 2013 to 91% in 2022. The Hispanic population increased from 0% in 2013 to 6% in 2022. The population identifying as two or more races increased from 0% in 2013 to 2% in 2022.
The median income in Ridge Farm has shown a downward trend over the past decade. The peak income was $62,129 in 2014, the lowest was $44,497 in 2020, and the current income as of 2022 is $44,602. This decline in median income correlates with the gradual increase in diversity.
The population has decreased from 2,163 in 2010 to 1,622 in 2022, a decline of about 25%. This population loss, combined with the income decline, suggests that the community may be experiencing economic stress.
The trend of increasing diversity aligns with broader national trends of growing diversity in many American communities. The economic decline experienced in Ridge Farm may be more severe than national averages. The significant population decline is more dramatic than what many similar small communities might experience.
Ridge Farm remains a "Low Diversity" community with a strong "White Majority," but shows early signs of transitioning towards greater diversity. This transition is occurring alongside economic challenges, as evidenced by declining median income and population loss. These trends suggest a community in flux, potentially struggling with economic pressures while slowly becoming more diverse.