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Demographics
Population
Median Income
Racial Distributions
The zip code 62977 in Raleigh, Illinois, is classified as a "Low Diversity" community as of 2022. The population is 97% white, with a median income of $64,395 and a total population of 454. This community has shown minimal changes in its demographic composition over the past decade.
From 2013 to 2022, Raleigh has maintained its status as a "Low Diversity" community. The white population has consistently remained above 97%. Minor shifts include a slight increase in the Hispanic population from 0% in 2013 to 2% in 2022, and a brief appearance of Native American representation (1%) from 2016-2019.
The median income in Raleigh has increased significantly over the past decade. In 2013, it was $42,781, rising to $64,395 by 2022, representing a growth of 50.5% over nine years. The highest median income was recorded in 2021 at $72,448.
Population figures have remained relatively stable, fluctuating between 403 and 505 residents. The 2022 population of 454 is close to the 2010 figure of 465, indicating no significant long-term population growth or decline.
Raleigh's maintenance of its homogeneous racial composition contrasts with national trends of increasing racial diversity. However, its economic growth aligns with national trends of increasing median incomes. The 50.5% increase in median income from 2013 to 2022 outpaces the national average of about 30% during a similar period.
The stability in population size combined with increasing median income suggests economic improvements without community growth. This could be due to improved local economic conditions, an aging population with increasing earnings, or possible gentrification.
Raleigh remains a "Low Diversity" community with a strong white majority, experiencing significant economic growth over the past decade. It shows early signs of potential diversification, but racial demographic shifts are occurring at an extremely slow pace. The economic improvements without substantial demographic changes present a case study in rural community development and the relationship between racial composition and economic growth in small American towns.