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Demographic Analysis of Zip Code 62629: Predominantly White Population with Slow Diversification
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 62629 in Chatham, Illinois, is categorized as having "Low Diversity" with a "White Majority" as of 2022. The area has a population of 15,512 and a median income of $101,666. The racial composition shows 90% white residents, with small percentages of other racial groups.
Over the past decade, Chatham has maintained its status as a "Low Diversity" area with a strong "White Majority." From 2013 to 2022, the white population percentage decreased from 92% to 90%. The Black and Asian populations both increased from 1% to 3% each, and the percentage of residents identifying as two or more races increased from 0% to 3%. These changes suggest a slow trend towards slightly increased diversity.
The median income in Chatham has shown significant growth over the past decade. From 2013 to 2022, median income increased from $88,205 to $101,666, a 15.3% increase. A notable spike occurred in 2020 and 2021, with median incomes reaching $110,597 and $116,569 respectively, before slightly decreasing in 2022.
The economic growth correlates with the slight increase in diversity, suggesting that the area may be attracting a more diverse, affluent population. Population growth has been steady, increasing from 13,308 in 2013 to 15,512 in 2022, a 16.6% increase. This growth, combined with rising incomes, suggests a desirable living environment that may be gradually opening up to a more diverse population.
The median income in Chatham ($101,666 in 2022) is significantly higher than the national median household income (approximately $70,784 in 2021), indicating a more affluent community. The area's racial composition (90% white in 2022) is considerably less diverse than the national average, where non-Hispanic whites make up about 60% of the population. The slow increase in diversity in Chatham aligns with national trends of increasing diversity in suburban areas, though at a much slower pace.
While Chatham remains a "Low Diversity" area with a strong "White Majority," there are signs of gradual change. The community is experiencing economic growth and subtle demographic shifts, which may eventually lead to increased diversity. However, these changes are occurring slowly, and it would likely take many years of continued trends for the area to transition to a different diversity category.
