Loading Content...
Demographic Analysis of Zip Code 62942: Low Diversity and Predominant White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 62942 in Grand Tower, Illinois, exhibits characteristics of Low Diversity, with a predominantly White population (94% in 2022). The median income has grown over the past decade, reaching $51,824 in 2022, suggesting improving economic conditions for the area's residents.
Throughout the analyzed period (2013-2022), Grand Tower has maintained a status of Low Diversity. The White population has remained above 94% for all years with available data, indicating a stable racial composition. There are subtle signs of a potential Transitional Community emerging. From 2019 onwards, data shows a small but consistent Hispanic presence (2-5% of the population). There is a minor decline in the White population from 100% in 2018 to 94% in 2022.
The median income has shown a substantial increase over the analyzed period. In 2013, it was $32,077, and in 2022, it reached $51,824. This represents a 61.6% increase over nine years, outpacing inflation. The most notable increase occurred between 2019 and 2020, with median income rising from $44,739 to $51,813.
This economic growth has occurred alongside a slight decrease in population. In 2013, there were 370 residents, and in 2022, there were 383 residents. The population fluctuated during this period, peaking at 486 in 2018 before declining again. This suggests that while the community has become wealthier, it has not attracted a significant influx of new residents.
The demographic stability of Grand Tower contrasts with national trends towards increasing diversity in many areas. However, the substantial income growth aligns with broader economic recovery trends seen across the United States in the post-2008 recession era. The persistent Low Diversity classification suggests that Grand Tower may be somewhat isolated from larger demographic shifts occurring in more urban or diverse regions of Illinois or the broader Midwest.
The significant income growth without a corresponding population increase could indicate improved economic opportunities for existing residents, attraction of higher-income individuals replacing lower-income residents who may have moved out, or broader economic improvements in the surrounding region benefiting local residents.
While Grand Tower remains a Low Diversity community with a strong White majority, subtle demographic shifts and significant economic improvements over the past decade suggest a community in transition. The challenge for local leaders may be to leverage this economic growth to potentially attract a more diverse population while maintaining the quality of life for current residents.
