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Demographics
Population
Median Income
Racial Distributions
Itasca, Illinois, is experiencing a demographic transition, shifting from a "Low Diversity" community to a "White Majority" community with increasing diversity. The white population decreased from 75% in 2013 to 64% in 2022. Concurrently, the village has seen economic growth, with median income increasing from $80,005 in 2013 to $99,276 in 2022.
The demographic changes in Itasca include an increase in the Asian population from 9% to 14%, growth in the Hispanic population from 13% to 15%, and a rise in multiracial individuals from 2% to 6%. These shifts indicate a trend towards "Moderate Diversity," with three racial groups now having significant representation (over 10% each).
The median income in Itasca has grown consistently, showing a 24% increase from 2013 to 2022. This economic improvement correlates with the increasing diversity. The population has also grown by about 11% during this period, suggesting that Itasca is becoming an attractive destination for diverse, affluent residents.
Itasca's trends align with broader national patterns of increasing diversity in suburban areas. The significant income growth outpaces national averages, suggesting Itasca may be part of a high-growth metropolitan region.
Based on observed trends, Itasca is likely to continue its trajectory towards greater diversity. If current rates persist, within the next 5-10 years, Itasca could transition from a "White Majority" to a "Majority-Minority" community. The Asian and Hispanic populations are likely to continue growing, potentially reaching 20% each.
Economically, the trend suggests continued income growth, possibly reaching a median income of $120,000-$130,000 within the next decade. This economic prosperity, coupled with increasing diversity, may lead Itasca to become categorized as a "High Diversity" community with strong economic indicators.
The transition from a predominantly white, middle-class suburb to a diverse, affluent community may present both opportunities and challenges for long-term residents and newcomers alike. It will be important to monitor how this rapid demographic and economic change affects community cohesion, housing affordability, and local services.