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Demographics
Population
Median Income
Racial Distributions
Zip code 62893 in Walnut Hill, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 94% white, a demographic composition that has remained stable over the analyzed period. This classification has been consistent, indicating minimal changes in the racial makeup of the community.
Over the past decade, Walnut Hill has maintained its "Low Diversity" status. The white population has consistently comprised over 90% of the total population. Minor changes in diversity include an increase in residents identifying as two or more races from 1% in 2013 to 4% in 2022. The Hispanic population has maintained a 1% representation since 2016. The "race_other" category showed a temporary increase to 5% in 2020, returning to 0% in subsequent years. These minor shifts suggest a slow trend towards increased diversity.
The median income in Walnut Hill has shown fluctuations. It reached a peak of $71,536 in 2016 but has since experienced volatility. The most recent data from 2022 indicates a median income of $58,785, a decrease from $70,862 in 2021. The overall trend from 2013 to 2022 shows a slight decrease in median income when adjusted for inflation.
The population of Walnut Hill has also fluctuated. It peaked at 1,001 residents in 2015 but has since declined to 850 in 2022. This population decrease coincides with the downward trend in median income, potentially indicating economic challenges in the area.
The racial homogeneity of Walnut Hill contrasts with national trends towards increasing diversity in many areas of the United States. The fluctuations in median income, particularly recent declines, may reflect broader economic challenges faced by small, rural communities. The slight increase in multiracial residents aligns with national trends of growing multiracial populations, albeit at a much slower pace in this community.
Walnut Hill remains a "Low Diversity" community, but subtle demographic shifts and economic fluctuations suggest a community in the early stages of transition. The economic challenges indicated by declining population and median income may be influencing or influenced by these slow demographic changes. Continued monitoring of these trends will be important to understand their potential impacts on local life and community dynamics.