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Demographics
Population
Median Income
Racial Distributions
Zip code 62824 in Clay City, Illinois, is classified as a "Low Diversity" community as of 2022. The population is predominantly white, with 94% identifying as such. This classification has remained consistent over the past decade, indicating a stable racial composition. The median income for this zip code in 2022 was $56,273, showing a moderate increase from previous years.
Throughout the analyzed period (2013-2022), Clay City has consistently fallen under the "Low Diversity" category. The white population has remained above 90% throughout this period, with minimal representation from other racial groups. There has been a small increase in racial diversity, with the percentage of residents identifying as two or more races increasing from 0% in 2013 to 5% in 2022. The Hispanic population has remained consistently at or near 0% throughout the decade. The Black population has fluctuated between 0% and 1% over the years, never constituting a significant portion of the community.
The median income in Clay City has shown a general upward trend over the past decade. In 2013, the median income was $40,017. By 2022, it had increased to $56,273, representing a 40.6% increase over nine years. There was a notable jump in median income from 2020 to 2021, rising from $56,109 to $63,791, before slightly decreasing in 2022. This overall increase in median income suggests improving economic conditions for residents, despite the lack of significant changes in racial demographics.
Population trends have been relatively stable, with some fluctuations. The population was 1,880 in 2013. It decreased to 1,658 in 2021, the lowest point in the decade. In 2022, it rebounded to 1,795, close to the 2013 level. These population changes don't seem to correlate strongly with the demographic or income trends, suggesting that other factors may be influencing population levels.
Clay City's racial homogeneity is not uncommon for rural areas in the Midwest, which often have predominantly white populations. The increase in median income aligns with national trends of economic recovery and growth following the 2008 recession. The slight increase in racial diversity, particularly in the "two or more races" category, reflects a broader national trend of increasing multiracial populations and growing diversity in previously homogeneous areas.
In conclusion, Clay City remains a "Low Diversity" community, with signs of slow demographic changes and notable economic improvements. These trends suggest a community that is experiencing gradual economic growth while maintaining its traditional demographic composition, with potential for increased diversity in the future.