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Demographic Analysis of Zip Code 62515: Predominantly White Community with 94% White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 62515 in Buffalo, Illinois, is categorized as a "Low Diversity" community as of 2022. The area's population is 94% white. The current median income is $76,644, which has increased significantly over the past decade. The population in 2022 was 1,874, indicating moderate growth and economic improvement over the years.
From 2013 to 2022, Buffalo has maintained its status as a "Low Diversity" community. The white population has remained above 90% throughout this period, with minimal representation from other racial groups. The white population percentage has slightly decreased from 97% in 2013 to 94% in 2022. The Hispanic population has increased from no data available in 2013 to 2% in 2022. The "Two or More Races" category has grown from 1% in 2013 to 3% in 2022. These changes, while minor, could potentially indicate the beginning of a very slow transition towards slightly increased diversity.
The economic trajectory of Buffalo shows a positive trend. Median income has increased from $56,411 in 2013 to $76,644 in 2022, representing a 35.9% increase over nine years. The population has grown from 1,551 in 2013 to 1,874 in 2022, a 20.8% increase. This economic growth and population increase suggest that the area has become more attractive to residents, possibly due to improved economic opportunities or quality of life factors.
The racial homogeneity of Buffalo contrasts with national trends towards increasing diversity in many areas of the United States. The significant increase in median income (35.9% over nine years) outpaces many national averages, suggesting strong local economic growth. The population growth of 20.8% over nine years is considerable for a small village, indicating it may be benefiting from broader trends of migration to smaller communities or suburban areas.
Buffalo presents a picture of a stable, predominantly white community that has experienced significant economic growth and moderate population increase over the past decade. While there are very slight indications of increasing diversity, the community remains firmly in the "Low Diversity" category. The economic prosperity and population growth suggest a thriving local economy, potentially making the area attractive to current residents and newcomers who fit the existing demographic profile. Future years may reveal whether this prosperity will eventually lead to increased diversity or if the community will maintain its current demographic composition.
