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Demographics
Population
Median Income
Racial Distributions
Zip code 62360 in Payson, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 94% white, with a median income of $70,112 and a total population of 2,381.
Over the past decade, Payson has maintained its "Low Diversity" status, with minor increases in diversity. The white population decreased from 99% in 2013 to 94% in 2022. Small increases occurred in other racial groups, with the Hispanic population rising from 0% to 1%, the Asian population emerging at 1%, and the "Two or More Races" category growing to 3% by 2022.
The median income in Payson has shown an overall positive trend from $55,612 in 2013 to $70,112 in 2022, despite a recent dip from $78,195 in 2021. The population has fluctuated, peaking at 3,025 in 2018 before decreasing to 2,381 in 2022.
Payson's slow diversification aligns with broader national trends of increasing diversity in rural and suburban areas, albeit at a much slower pace. The income growth in Payson outpaces the national average, potentially making it attractive for a more diverse population in the future.
In conclusion, Payson remains a "Low Diversity" community with early indications of a gradual shift towards becoming a "Transitional Community." Economic growth in the area could potentially accelerate this trend, but significant changes in racial composition are likely to occur slowly over an extended period unless major shifts in local economic or social factors occur.