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Demographic Evolution in Waterman, Illinois: A Study of Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Waterman, Illinois, exhibits characteristics of a Low Diversity community with a strong White Majority. As of 2022, the white population constitutes 87% of the total, surpassing the 75% threshold for low diversity classification. The city's current median income is $77,461 and the population is 3,453.
Over the past decade, Waterman has maintained its status as a Low Diversity community with a consistent White Majority. Subtle shifts in racial composition suggest the early stages of a potential Transitional Community. The white population has decreased from 92% in 2014 to 87% in 2022. The Hispanic population has increased from 3% in 2014 to 6% in 2022. The proportion of individuals identifying as two or more races has risen from 2% to 5% between 2014 and 2022. These changes indicate a slow but steady diversification of the community.
The median income in Waterman has increased from $65,218 in 2013 to $77,461 in 2022, an increase of about 18.8% over nine years. This economic improvement coincides with the subtle demographic shifts. The population has remained relatively stable, with a slight decrease from 3,488 in 2013 to 3,453 in 2022. This stability, combined with rising incomes, may indicate a maturing community with improving economic conditions that could be attracting a more diverse population.
Waterman's trends align with broader national patterns of increasing diversity in small towns and suburban areas. The gradual increase in Hispanic population and those identifying as two or more races reflects similar trends observed across many parts of the United States.
Based on the observed trends, Waterman appears to be in the early stages of a transition towards greater diversity. If current trends continue, we can predict a continued gradual decrease in the white population percentage, further increases in the Hispanic population and those identifying as two or more races, potential for transitioning from a Low Diversity to a Moderate Diversity community within the next 10-15 years if the pace of change accelerates, and continued economic growth, potentially attracting more diverse residents and further driving this demographic shift.
Waterman shows signs of evolving into a Transitional Community. This transition, if it continues, could lead to a more diverse economic and cultural landscape in the coming decades, potentially bringing both opportunities and challenges as the community adapts to its changing demographic makeup.
