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Demographics
Population
Median Income
Racial Distributions
Zip code 60173 in Schaumburg, Illinois, has transitioned from a "White Majority" community to a "High Diversity" area between 2013 and 2022. As of 2022, the racial composition consists of 40% White, 36% Asian, 11% Hispanic, and 8% Black residents. The median income in 2022 was $95,253, indicating economic prosperity.
The demographic shift is evident in the changing percentages of racial groups. From 2013 to 2022, the White population decreased from 56% to 40%, while the Asian population increased from 26% to 36%. Black and Hispanic populations saw modest increases. This transition moved the area from "White Majority" to "Moderate Diversity" by 2017, and finally to "High Diversity" by 2022.
Concurrent with demographic changes, the area experienced significant economic growth. The median income rose from $76,068 in 2013 to $95,253 in 2022, a 25% increase over nine years. This growth exceeded inflation rates, suggesting improved economic conditions alongside increasing diversity. The population grew modestly from 13,125 in 2013 to 14,653 in 2022, an 11.6% increase.
The observed trends in zip code 60173 align with national patterns of increasing diversity in suburban areas near major metropolitan centers. The growth in the Asian population may reflect regional economic trends, possibly related to tech or professional service sector expansion in the greater Chicago area.
The substantial increase in median income, surpassing national averages, indicates that this area has become attractive to high-earning professionals from diverse backgrounds. This suggests a "Transitional Community" in terms of both racial demographics and socioeconomic status.
The stability in overall population numbers, combined with increasing diversity and rising incomes, may indicate a process of gradual gentrification. The community's character is changing without a dramatic influx of new residents. This transformation may have implications for local businesses, schools, and community services as they adapt to serve a more diverse and affluent population.
Zip code 60173 demonstrates a successful transition to a "High Diversity" community with strong economic growth. These changes present both opportunities and challenges as the community continues to evolve, potentially serving as a model for other suburban areas experiencing demographic shifts.