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Demographics
Population
Median Income
Racial Distributions
Zip code 61955, representing Vermilion in Illinois, is characterized as a Low Diversity community with a White Majority. As of 2022, the population is 6 individuals, with a median income of $79,077. This small, predominantly white community has maintained its racial composition over the past decade, showing minimal demographic shifts.
Throughout the 2013-2022 period, Vermilion has consistently fallen under the Low Diversity and White Majority categories. The racial composition has remained stable, with the white population comprising 86-100% of the total population. There have been no significant transitions between diversity categories, indicating a lack of demographic change in this community.
Despite the stable racial demographics, there have been notable fluctuations in median income. From 2013 to 2019, the median income ranged from about $59,000 to $66,000. A significant increase occurred in 2020, with median income increasing to $79,077, representing a 33.9% increase from the previous year. This higher income level has been maintained through 2022, with a slight decrease in 2021 to $74,515.
The population has remained small throughout the period, ranging from 4 to 8 individuals. This small population size makes it difficult to draw meaningful conclusions about broader demographic or economic trends, as small changes can result in large percentage shifts.
The stability of racial composition in Vermilion contrasts with national trends, which have generally shown increasing diversity over the past decade. However, the extremely small population of this community makes it an outlier and not representative of broader demographic shifts.
The increase in median income from 2019 to 2020 is noteworthy, especially considering it occurred during the COVID-19 pandemic. This could be due to various factors, such as changes in the small number of residents or shifts in local economic conditions. However, given the tiny population, even a single household's change in circumstances could dramatically affect the median income.
In conclusion, Vermilion has maintained its status as a Low Diversity, White Majority community over the past decade. Its extremely small population makes it difficult to draw broader conclusions about demographic and economic trends. The stability in racial composition and the recent increase in median income are the most notable features of this community.