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Demographics
Population
Median Income
Racial Distributions
Wood Dale, Illinois, currently presents a demographic profile categorized as a "Majority-Minority" community with "Moderate Diversity." As of 2022, the white population comprises 60% of the total, while Hispanic residents make up 30%, with other racial groups contributing smaller percentages. The city's median income of $78,894 in 2022 indicates a relatively affluent suburban community, though it has fluctuated over the past decade.
Over the past decade, Wood Dale has transitioned from a "White Majority" community to a "Majority-Minority" status. In 2013, the white population constituted 71% of the total. However, by 2022, this percentage had decreased to 60%, while the Hispanic population increased from 24% to 30%. This shift indicates a "Transitional Community" trend towards increasing diversity.
The Asian population has also seen growth, rising from 4% in 2013 to 5% in 2022, with a peak of 9% in 2019. The Black population has increased from nearly 0% to 3% over the decade. These changes collectively contribute to the city's evolving diversity profile.
The median income in Wood Dale has shown an overall upward trend, rising from $67,399 in 2013 to $78,894 in 2022, with some fluctuations. Notably, there was a significant increase to $90,347 in 2021 before dropping back in 2022. This general upward trend in income coincides with the increasing diversity of the community, suggesting that the demographic changes may be linked to economic opportunities attracting a more diverse population.
The population has remained relatively stable, growing slightly from 14,328 in 2013 to 14,235 in 2022. This stability, combined with increasing diversity and rising incomes, may indicate that Wood Dale is becoming an attractive suburb for upwardly mobile minority families.
The demographic shifts in Wood Dale reflect broader trends seen in many suburban areas across the United States, particularly those near major metropolitan centers. The increase in Hispanic and Asian populations is consistent with national demographic trends, where these groups are among the fastest-growing segments of the population.
Based on the observed trends, it is likely that Wood Dale will continue its trajectory towards greater diversity. The Hispanic population may continue to grow, potentially approaching or exceeding 35% in the next 5-10 years. If current trends persist, the city could transition into a "High Diversity" category, where no single racial group comprises more than 40% of the population, and at least three groups have significant representation (over 10% each).
Economically, if the correlation between increasing diversity and rising median income continues, Wood Dale may see further income growth. However, the recent drop in median income from 2021 to 2022 suggests some economic volatility, which should be monitored.
Wood Dale is experiencing a demographic evolution typical of many American suburbs, transitioning from a predominantly white community to one of increasing diversity. This change, coupled with overall positive economic indicators, suggests a dynamic future for the city, though careful urban planning and community engagement will be crucial to manage this transition effectively.