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Demographics
Population
Median Income
Racial Distributions
Zip code 62701 in Springfield, Illinois, was categorized as a "Moderate Diversity" community as of 2022. The white population comprised 54%, with significant Black (27%) and Hispanic (6%) populations. The median income was $22,401 in 2022, indicating a lower-income urban area. These factors may influence the demographic composition and trends observed over the past decade.
From 2013 to 2022, this zip code underwent a noticeable transition in its racial composition. In 2013, it was categorized as having a "White Majority" with 74% of the population identifying as white. By 2022, the community had shifted to a "Moderate Diversity" classification, with the white population decreasing to 54%. The Black population increased from 22% in 2013 to 27% in 2022. The Hispanic population rose from 1% in 2013 to 6% in 2022, and those identifying as two or more races increased from 1% in 2013 to 7% in 2022. These shifts suggest a "Transitional Community" status, with clear trends towards increasing diversity over the observed period.
The median income in this zip code showed a slight downward trend. From $25,352 in 2013, it decreased to $22,401 in 2022. This decline in median income coincided with the increase in racial diversity. The population remained relatively stable, fluctuating between about 1,200 and 1,300 residents throughout the decade. This stability in population size, coupled with changing demographics, suggests that the shifts are likely due to internal population changes or localized migration patterns rather than large-scale influxes or exoduses.
The trends observed in this Springfield zip code align with broader national patterns of increasing diversity in urban areas. Many U.S. cities have experienced similar transitions from majority-white to more diverse populations over recent decades. However, the economic decline observed here may be more specific to this locale or region, as national trends have generally shown increasing median incomes over this period.
The relatively low median income and increasing diversity could indicate that this area is experiencing some economic challenges, possibly related to changes in local industry or employment opportunities. This combination of factors – increasing diversity and declining income – may suggest that the area is undergoing significant socio-economic changes that could have far-reaching impacts on local life, community services, and future development plans.
Zip code 62701 in Springfield, Illinois, exemplifies a community in transition, moving from a predominantly white area to one of moderate diversity. This demographic shift, coupled with economic challenges as evidenced by declining median income, paints a picture of a community navigating significant changes. These trends warrant attention from local policymakers and community leaders to ensure that the evolving needs of this increasingly diverse population are met, while also addressing the economic challenges facing residents.