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Demographics
Population
Median Income
Racial Distributions
The zip code 62535 in Forsyth, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a median income of $118,912, which is above the national average, and a population of 608 residents.
Over the past decade, Forsyth has maintained its "Low Diversity" status with a "White Majority" exceeding 80% of the population. The Asian population experienced a slight increase from 2013 to 2019, reaching 10% in 2019, before decreasing to 4% by 2022. Hispanic and Two or More Races categories have consistently represented 1-5% of the population. The Black population has remained under 3% throughout the period.
The median income in Forsyth has fluctuated over time. From 2013 to 2017, it declined from $103,079 to $90,055, coinciding with a population decrease. From 2018 to 2022, the median income increased from $91,427 to $118,912, accompanied by a population growth from 473 to 608 residents.
Forsyth's demographic and economic trends are distinct in several aspects. The area's "Low Diversity" and strong "White Majority" differ from national trends towards increasing diversity. The median income of $118,912 in 2022 is higher than the national median household income, indicating Forsyth's affluence. The population growth from 2020 to 2022 (533 to 608 residents) represents a 14% increase, which is higher than typical national growth rates.
Forsyth has maintained its "Low Diversity" status with a "White Majority" over the past decade. It has experienced significant economic growth and population increase in recent years. These trends suggest that the area is becoming a more prosperous and desirable location, potentially attracting new residents who align with its existing demographic profile.