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Demographics
Population
Median Income
Racial Distributions
Cortland, Illinois, exhibits a demographic profile characterized as a "White Majority" community with increasing diversity. As of 2022, the white population comprises 71% of the total, while Hispanic residents represent 19%. The town's median income of $75,453 in 2022 indicates a relatively affluent suburban community, despite a recent decline from previous years.
Over the past decade, Cortland has transitioned from a "Low Diversity" community to one approaching "Moderate Diversity." In 2013, the town was categorized as "White Majority" with 78% white residents. By 2022, the percentage had decreased to 71%. This shift is attributed to increases in Hispanic and Black populations. The Hispanic community grew from 15% in 2013 to 19% in 2022. The Black population increased from 1% in 2013 to 8% in 2022, with a peak of 12% in 2021. These trends suggest Cortland is becoming a "Transitional Community," moving towards greater racial diversity.
As racial diversity increased, median income rose from $69,376 in 2013 to a peak of $85,231 in 2019. However, there has been a decline since 2020, with the median income dropping to $75,453 in 2022. This recent downward trend coincides with the most rapid increases in racial diversity, particularly in the Black and Hispanic populations. The population has grown from 4,064 in 2013 to 4,256 in 2022, indicating the town remains attractive to new residents despite recent economic challenges.
Cortland's trends align with broader national patterns of increasing diversity in suburban areas. The town's median income, even after recent declines, remains above the national median, indicating it is still a relatively prosperous community.
Based on observed trends, Cortland is likely to continue its transition towards greater racial diversity. If current trajectories persist, the town could move into the "Moderate Diversity" category within the next 5-10 years, with the white population potentially dropping below 70% and Hispanic and Black populations continuing to grow.
Economically, the recent downward trend in median income is noteworthy. If this continues, it could impact the town's ability to attract and retain residents, potentially slowing population growth. However, if the diversity trend correlates with new economic opportunities, a stabilization or rebound in median income might occur.
Cortland appears to be at a demographic and economic crossroads. The next few years will be crucial in determining whether it successfully transitions into a more diverse, economically stable community or faces challenges in maintaining its economic standing amidst demographic changes. Local policies and community initiatives focused on inclusive economic growth and integration could play a significant role in shaping Cortland's future trajectory.