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Demographics
Population
Median Income
Racial Distributions
Zip code 60634 in Chicago, Illinois, has transitioned from a White Majority area to a Moderate Diversity community between 2013 and 2022. The White population decreased from 59% to 49%, while the Hispanic population increased from 35% to 41%. The area has a population of 74,553 and a median income of $73,194 as of 2022.
The Hispanic population has shown consistent growth over the decade. The Asian population has also increased, doubling from 3% to 6%. These shifts suggest a trend towards a potential Majority-Minority status in the future if current trends continue. The community can be classified as a Transitional Community due to these demographic changes.
The demographic shifts have occurred alongside an upward trend in median income. The median income increased from $64,895 in 2013 to $73,194 in 2022, representing a 12.8% growth. There was a significant spike in median income to $81,168 in 2021, followed by a return to previous trend levels in 2022.
The population has remained relatively stable over the decade, fluctuating between 72,824 (2013) and 76,555 (2021), with the 2022 figure of 74,553 close to the decade average. This stability in population, combined with rising incomes, suggests that the area has remained attractive to residents despite its increasing diversity.
The demographic shifts observed in this zip code align with broader trends seen in many urban and suburban areas across the United States. The increase in Hispanic and Asian populations reflects national trends of growing diversity, particularly in metropolitan areas. The economic growth, as evidenced by the rising median income, is also consistent with national trends of economic recovery and growth following the 2008 recession.
The transition from a White Majority to a more diverse community is a common pattern in many U.S. cities, often reflecting changing immigration patterns, generational shifts, and evolving housing preferences among different demographic groups. The area's median income growth outpaces the national average, suggesting a relatively prosperous neighborhood within Chicago.
Zip code 60634 exemplifies a Transitional Community that has evolved from a White Majority area to one of Moderate Diversity over the past decade. This transition has occurred alongside economic growth, suggesting that increased diversity has not negatively impacted the area's economic prosperity. As the community continues to evolve, it may soon reach Majority-Minority status, reflecting broader demographic trends observed in many urban areas across the United States.