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Demographics
Population
Median Income
Racial Distributions
The zip code 62295 in Valmeyer, Illinois, is classified as a "Low Diversity" community as of 2022. The white population comprises 93% of the total, exceeding the 75% threshold for this classification. The area has a population of 1,735 and a median income of $79,777.
Over the past decade, Valmeyer has maintained its "Low Diversity" status. The white population has remained above 93% throughout the observed period. The Hispanic population has increased from 1% in 2013 to 4% in 2022, with a peak of 6% in 2020. The population identifying as two or more races has fluctuated between 1-3% over the decade. Other racial groups such as Black, Asian, Native American, and Pacific Islander populations have consistently low or no representation.
The median income in Valmeyer has shown an upward trend, increasing from $67,730 in 2013 to $79,777 in 2022, representing a 17.8% growth. The highest median income was recorded in 2021 at $84,202. Despite income growth, the population has decreased from 2,131 in 2013 to 1,735 in 2022, a decline of 18.6%.
The inverse relationship between population decline and income growth suggests that while some residents may have left, those who remained have experienced economic improvement, or that higher-income residents have stayed while lower-income residents have moved out.
Valmeyer's racial composition is less diverse than the national average, where the white population is around 60%. The community's 2021 median income of $84,202 is higher than the U.S. median household income of $70,784, indicating a relatively affluent community. The population decline in Valmeyer is consistent with trends in many rural and small-town areas across the U.S.
In conclusion, Valmeyer has maintained its "Low Diversity" status over the past decade, with subtle signs of increasing diversity, primarily through growth in the Hispanic population. The community has experienced economic growth despite population decline, suggesting a complex interplay of demographic and economic factors. These trends may indicate the beginning of broader changes in the community's composition and economic structure.