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Demographic Analysis of Zip Code 62040: White Majority with Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 62040 in Granite City, Illinois, is categorized as a "White Majority" community with low to moderate diversity as of 2022. The racial composition shows a white population of 77%, which constitutes a clear majority. The median income for 2022 is $55,693, and the population is 41,110.
Over the past decade, Granite City has maintained its status as a "White Majority" community, but there is a noticeable trend towards increased diversity. The white population has decreased from 86% in 2013 to 77% in 2022, indicating a gradual shift towards a more diverse community.
The community is showing signs of becoming a "Transitional Community." This is evidenced by the steady increase in the Hispanic population (from 4% in 2013 to 8% in 2022) and the significant growth in the "Two or More Races" category (from 1% in 2013 to 4% in 2022). The Black population has also increased from 7% to 10% during this period.
The median income has shown a steady increase from $46,292 in 2013 to $55,693 in 2022, representing a growth of about 20% over the decade. This economic growth coincides with the increasing diversity of the community.
The population has decreased from 43,611 in 2013 to 41,110 in 2022. This could suggest that while the community is becoming more diverse and economically prosperous, it is also experiencing some outmigration, possibly due to changing industrial or economic conditions in the broader region.
The demographic shifts observed in Granite City align with broader national trends of increasing diversity in many American communities. The growth in Hispanic and multiracial populations is consistent with national patterns, as these are among the fastest-growing demographic groups in the United States.
The economic growth, as evidenced by the rising median income, is positive but should be considered in the context of national inflation rates. The increase of about 20% over a decade is modest when accounting for inflation, suggesting that while the community has seen some economic improvement, it may not be outpacing national averages significantly.
Granite City (zip code 62040) is undergoing a gradual demographic transition, moving from a highly homogeneous "White Majority" community towards increased diversity. This shift is accompanied by modest economic growth but also a slight population decline. These trends suggest a community in transition, potentially grappling with the challenges and opportunities presented by changing demographics and economic conditions.
