Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Hoffman, Illinois (zip code 62250) is categorized as a Low Diversity community, with a racial composition that has remained consistently White Majority throughout the past decade. As of 2022, the community has a population of 13 people and a median household income of $76,923.
Throughout the 2013-2022 period, Hoffman has maintained its status as a Low Diversity, White Majority community. The percentage of white residents has consistently been at or near 100%, with only slight variations. In 2013 and 2014, the white population was at 94%, increasing to 100% from 2015 to 2020. There was a slight dip to 93% in 2021, before returning to 100% in 2022. This stability in racial composition suggests a lack of significant demographic change or influx of diverse populations.
The median household income in Hoffman has fluctuated over the years but has generally remained high. From 2013 to 2022, the income ranged from a low of $76,508 in 2014 to a high of $85,095 in 2019. The most recent figure of $76,923 in 2022 indicates a slight decline from the peak but still represents a comfortable income level.
There appears to be an inverse relationship between population and median income. As the population decreased from 18 in 2013 to 13 in 2022, the median income showed a general upward trend, despite some fluctuations. This could suggest that as some residents left, those remaining may have had higher incomes, or that the smaller population allowed for more concentrated wealth.
The lack of racial diversity in Hoffman contrasts with national trends, where many communities are becoming increasingly diverse. The median household income of $76,923 in 2022 is higher than the national median income, which was around $70,784 in 2021. The small population of Hoffman (13 people in 2022) makes it an outlier in terms of community size. This small population can lead to significant changes in demographic and economic statistics based on the decisions of a few individuals or families.
The stability of the racial composition in Hoffman over the past decade suggests that it has not experienced the demographic shifts seen in many other parts of the country. This could be due to its small size, rural location, or other factors that have insulated it from broader demographic trends.
Hoffman presents a case of a small, affluent, and racially homogeneous community that has maintained its demographic character over the past decade, despite minor fluctuations in population and income. Its high median income and lack of diversity set it apart from national averages and trends, making it a subject for further study on the factors that contribute to demographic stability in small, rural communities.