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Demographic Trends in Zip Code 62967: Increasing Racial Diversity and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 62967 in New Burnside, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a population of 175 and a median income of $75,781, which has increased significantly in recent years.
Over the past decade, New Burnside has maintained its status as a "Low Diversity" community with a "White Majority." However, recent data indicates a gradual shift towards becoming a "Transitional Community." From 2013 to 2015, the community was almost entirely white. Between 2016 and 2020, a small Asian population (1%) and Hispanic population (1-4%) emerged, while the white population remained dominant at 94-98%.
The most significant changes occurred from 2021 to 2022. The white population decreased from 94% to 83%, the Hispanic population increased from 1% to 9%, and the "Two or More Races" category appeared, growing from 4% to 6%. Despite these changes, the community still falls under the "Low Diversity" category due to the white population exceeding 75%.
The demographic shifts correlate with significant changes in median income. From 2013 to 2017, median income fluctuated between $40,000 and $47,000, with minimal demographic changes. A noticeable increase began in 2018, with median income rising to $50,178, coinciding with the start of minor demographic shifts. The most substantial income growth occurred from 2020 to 2022, aligning with the more pronounced demographic changes. In 2020, the median income was $56,320, rising to $66,051 in 2021, and reaching $75,781 in 2022. This represents a 34.5% increase from 2020 to 2022, correlating with the increased diversity in the community.
The trends observed in New Burnside align with broader patterns seen in many rural American communities. These include increasing diversity, often driven by Hispanic population growth, economic growth potentially indicative of broader economic development in the region or changes in the local job market, and relatively stable population, which is common in small rural communities.
New Burnside remains a "Low Diversity" community with a "White Majority," but recent trends suggest it is becoming a "Transitional Community." This demographic shift correlates with significant economic growth, potentially indicating positive changes in the local economy and increased opportunities attracting a more diverse population. Continued monitoring of these trends will be crucial to understanding the long-term demographic and economic evolution of this small Illinois community.
