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Demographic Analysis of Zip Code 62047: Racial Composition and Economic Trends in Hardin, Illinois
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 62047, representing Hardin, Illinois, is characterized as a Low Diversity community with a White Majority. As of 2022, the white population constitutes 98% of the total, with minimal representation from other racial groups. The median income for this area has increased over the past decade, reaching $71,514 in 2022, indicating a relatively stable economic environment despite population size fluctuations.
Over the past decade, Hardin has maintained its status as a Low Diversity community with a White Majority. From 2013 to 2020, there was a slight decrease in the white population percentage, from 99% to 90%. This period saw the emergence of small Asian, Black, and Hispanic populations. The years 2016-2020 could be characterized as a brief Transitional Community period, with increasing representation from minority groups. The Hispanic population grew from 0% in 2015 to 4% by 2018-2020, while the Asian population increased from 0% to 4% in the same period. This trend towards increased diversity reversed in 2021-2022, with the white population percentage increasing back to 98%, resembling the demographic makeup from the early 2010s.
The median income has shown an upward trend, increasing from $55,191 in 2013 to $71,514 in 2022, representing a growth of about 29.5% over nine years. The population has experienced significant fluctuations, peaking at 1,233 in 2013 and reaching a low of 848 in 2018. The current population of 884 in 2022 represents a decline of about 20% from the 2013 peak. The brief period of increased diversity (2016-2020) coincided with relatively stable median incomes, ranging from $53,015 to $62,800. The subsequent decrease in diversity in 2021-2022 corresponded with a notable increase in median income to over $70,000.
The demographic composition of Hardin, with its overwhelming white majority, differs from the increasing diversity observed in many parts of the United States over the past decade. The income growth in Hardin aligns with broader national trends of economic recovery and growth following the 2008 financial crisis, although the specific rate of growth may differ from national averages. The population decline in Hardin contrasts with the general trend of urban and suburban growth seen in many parts of the country, possibly indicating local economic or social factors influencing outmigration.
Hardin has maintained its status as a Low Diversity, White Majority community over the past decade, while experiencing notable economic growth and population fluctuations. The brief period of increased diversity followed by a return to previous demographic patterns, coupled with significant income growth, suggests a complex interplay of local economic and social factors that may warrant further investigation to fully understand the community's evolving dynamics.
