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Demographic Analysis of Zip Code 62555: Predominantly White Population in Taylorville, Illinois
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 62555 in Taylorville, Illinois, is categorized as having "Low Diversity" as of 2022. The area is predominantly white, with 86% of the population identifying as such. This represents a significant racial majority, indicating a relatively homogeneous community in terms of racial composition. The median income for 2022 was $72,399, showing a moderate level of economic prosperity for the area.
Over the past decade, this zip code has consistently maintained its status as a "Low Diversity" area, with the white population consistently representing over 75% of the total. However, there have been subtle shifts within this category. The white population percentage has fluctuated, reaching its lowest point of 73% in 2013-2014 before gradually increasing to 86% by 2022. The black population has shown a steady decline from 20% in 2013 to 6% in 2022. The Hispanic population has remained relatively stable, hovering between 4-9% throughout the decade. There has been a slight increase in the "two or more races" category, emerging in the data from 2020 onwards.
The median income in the area has shown overall growth, increasing from $64,811 in 2013 to $72,399 in 2022. This represents an 11.7% increase over the decade. However, this growth has not been linear. There was a significant jump in median income from $69,450 in 2015 to $81,023 in 2016. This was followed by a sharp decline to $61,093 in 2018, the lowest point in the decade. Since 2018, there has been a steady recovery and growth in median income.
Population figures have fluctuated over the years, with no clear trend. The population was at its lowest in 2012 at 934 and reached its peak in 2022 at 1,532, showing a significant increase in recent years.
The trend of increasing racial homogeneity in this zip code (with the white population growing from 73% to 86%) goes against the national trend of increasing diversity in many areas of the United States. The overall increase in median income aligns with national trends of economic recovery and growth following the 2008 recession, although the local fluctuations may be tied to specific local economic factors. The recent population growth, particularly the sharp increase from 2021 to 2022, is notable and may indicate changing local conditions that are attracting new residents.
In conclusion, while this zip code remains categorized as "Low Diversity," there are subtle shifts occurring in its demographic and economic landscape. The area has seen overall economic growth alongside a consolidation of its racial majority, presenting a unique pattern that may diverge from broader national trends towards increased diversity. These changes, though gradual, may have implications for local community dynamics, resource allocation, and future development plans in Taylorville.
