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Demographics
Population
Median Income
Racial Distributions
Zip code 62442 in Martinsville, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 2,887 and a median income of $59,665. The white population comprises 96% of the total population in 2022.
The racial composition of Martinsville has remained stable over the past decade, consistently categorized as "Low Diversity" and "White Majority". From 2013 to 2022, the white population has represented between 96% and 97% of the total population. Other racial groups have shown minor fluctuations, with the Hispanic population remaining at 1-2%, the population identifying as two or more races increasing from 1% to 2%, and Asian representation emerging at 1% in 2022.
The median income in Martinsville has fluctuated over the years. From 2013 to 2019, there was a general upward trend, with median income rising from $50,541 to $65,682. In 2020, there was a significant drop to $58,841, followed by some recovery to $59,665 in 2022. The population has shown a gradual increase from 2,560 in 2013 to 2,887 in 2022.
The demographic stability of Martinsville contrasts with national trends towards increasing diversity. Many urban and suburban areas across the United States have experienced significant demographic shifts over the past decade, with growing minority populations and increased racial diversity. However, Martinsville maintains its predominantly white demographic composition.
The economic trends in Martinsville somewhat mirror national patterns, particularly the economic shock in 2020. However, the recovery seems slower than in some other parts of the country, as the median income has not yet returned to its 2019 peak. The slow population growth and relatively stable median income suggest that Martinsville may not be experiencing the rapid economic and demographic changes seen in some faster-growing urban areas.
Martinsville represents a stable, predominantly white community with slow population growth and moderate economic fluctuations. It has not transitioned between diversity categories over the past decade. The community's economic trajectory, while generally positive over the long term, has faced challenges in recent years, mirroring broader national economic trends.