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Demographics
Population
Median Income
Racial Distributions
Zip code 62684, encompassing Sherman in Illinois, presents a demographic profile categorized as "Low Diversity" as of 2022. The community is characterized by a White majority (94% of the population), with minimal representation from other racial groups. The area has experienced population growth from 3,721 residents in 2010 to 4,598 in 2022. The community shows a high median income of $117,077 in 2022, indicating an affluent suburban area.
Over the past decade, Sherman has maintained its status as a "Low Diversity" community. The White population has remained the dominant racial group, consistently comprising over 90% of the total population. There have been subtle shifts within this category. The percentage of White residents decreased slightly from 97% in 2013 to 94% in 2022. A small Hispanic population emerged from 2017 onwards, reaching 3-4% in recent years, though dropping to 1% in 2022. Starting in 2020, a small Black population (2%) appeared in the community, maintaining this percentage through 2022. The percentage of residents identifying as two or more races increased from 1% to 2% over the decade.
These changes suggest a very slow trend towards slightly increased diversity, though not enough to shift the community out of the "Low Diversity" category. The economic profile of Sherman has shown significant positive growth over the past decade. The median income increased from $92,681 in 2013 to $117,077 in 2022, representing a 26% increase over nine years. The community reached its highest median income of $132,713 in 2021, before slightly decreasing in 2022. Throughout the decade, the median income has remained well above national averages, indicating a consistently affluent community.
The economic growth appears to have occurred alongside the subtle increases in diversity, suggesting that the area's prosperity may be attracting a slightly more diverse population, albeit still within a predominantly White community. The high median income and demographic profile are typical of affluent suburban communities, particularly those near major metropolitan areas. The subtle increases in diversity, while minimal, align with broader national trends of increasing diversity in suburban areas, albeit at a much slower pace in this community. The consistent income growth suggests a resilient local economy.
Sherman in zip code 62684 remains a "Low Diversity" community with a strong White majority, showing signs of very gradual diversification. This change is occurring in the context of significant economic growth, suggesting a stable, affluent community that is slowly becoming more diverse, albeit at a pace much slower than national trends. The community's economic strength may continue to attract a more diverse population in the future, potentially leading to further, albeit gradual, demographic shifts.