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Racial Homogeneity and Economic Fluctuations in Greenup, Illinois
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Greenup, Illinois, is characterized as a community with low diversity and a white majority. As of 2022, 99% of the population identifies as white. The village has a population of 2,685 and a median income of $54,580.
Over the past decade, Greenup has maintained its status as a low diversity community with a white majority. The white population has consistently represented 98-99% of the total population from 2013 to 2022. The only change is a slight increase in the "two or more races" category, rising from 0% to 1% between 2020 and 2021.
Despite static racial demographics, the village has experienced economic changes. From 2013 to 2021, the median income rose from $37,292 to $61,899, a 66% increase. However, there was a drop in median income to $54,580 in 2022, a 12% decrease. The population has generally declined, from 3,171 in 2010 to 2,685 in 2022, with fluctuations in between.
The stability in racial composition contrasts with national trends towards increasing diversity. The economic growth until 2021 aligns with the general post-2008 recession recovery seen in many parts of the U.S., while the recent income decline might reflect broader economic challenges.
Greenup is likely to remain a low diversity community with a white majority in the near future. The minimal change in racial composition over a decade suggests entrenched demographic patterns. The recent appearance of a small "two or more races" population might indicate the beginning of a slow transition towards slightly increased diversity.
Economically, the village may face challenges if the recent income decline continues. This could lead to further population decrease if residents seek opportunities elsewhere. If the village can reverse the recent economic downturn and return to its previous growth trajectory, it might stabilize or slightly grow its population.
Greenup might eventually transition from low diversity to moderate diversity, but this would require significant demographic changes not currently evident in the data. It may become a transitional community in terms of economic status rather than racial composition, especially if the recent economic volatility continues or if new economic development initiatives are introduced.
