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Demographic Analysis of Zip Code 62572: A Predominantly White Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 62572 in Waggoner, Illinois, is classified as a Low Diversity area with a predominantly White population (99%) as of 2022. The current median income is $81,842, which represents an increase from a decade ago. The population of this rural community is 510.
Waggoner has maintained its status as a Low Diversity community over the past decade. The White population has consistently remained above 94% in all years with available data, reaching 100% in 2020 and 2021. This indicates a stable racial composition with minimal change over time.
The median income in Waggoner has shown an upward trend over the past decade. From $49,478 in 2013, it has grown to $81,842 in 2022, representing an increase of about 65%. This growth suggests significant economic improvement for the community.
This economic growth has occurred while maintaining a relatively stable, homogeneous racial composition. This could indicate that the existing population has benefited from improved economic conditions rather than the community attracting a more diverse population through economic opportunities.
Population figures have fluctuated over the decade, with a low of 445 in 2020 and a high of 633 in 2011. The current population of 510 in 2022 represents a slight decrease from the beginning of the decade, despite the economic improvements.
The persistent Low Diversity in Waggoner contrasts with national trends towards increasing diversity in many areas of the United States. The significant increase in median income is a positive economic indicator for the community. This growth outpaces the national average income growth rate over a similar period.
The stable racial composition combined with rising incomes could indicate several possibilities: local industries or businesses have grown, benefiting the existing population; residents may be commuting to better-paying jobs in nearby areas while choosing to maintain their residence in Waggoner; or the community may have attracted new residents of similar racial background but with higher incomes.
Waggoner presents a case of economic growth within a stable, low-diversity demographic context. While the community has not transitioned towards greater racial diversity, it has experienced substantial economic improvement.
