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Demographics
Population
Median Income
Racial Distributions
Beverly Woods, a Chicago neighborhood, exhibits Moderate Diversity with a Hispanic Plurality as of 2022. The community has a population of 3,128 and a median income of $77,770. Beverly Woods combines urban and suburban features, characteristic of many South Side Chicago areas, with tree-lined streets and a mix of single-family homes and apartment buildings.
Beverly Woods has undergone a significant demographic transition over the past decade. In 2013, the neighborhood had a White Plurality (43%) with Moderate Diversity. By 2022, it shifted to a Hispanic Plurality (34%) while maintaining Moderate Diversity. This transition is characterized by a declining White population (from 43% in 2013 to 37% in 2022), an increasing Hispanic population (from 24% in 2013 to 34% in 2022), and a fluctuating Black population (peaking at 37% in 2015, then decreasing to 28% in 2022). These changes suggest Beverly Woods is becoming a Transitional Community.
The median income in Beverly Woods has shown volatility over the past decade. It increased from $74,705 in 2013 to a peak of $87,508 in 2016, then declined to $77,770 in 2022, nearly returning to 2013 levels. The period of highest median income (2015-2017) coincided with the highest percentage of White residents and lowest percentage of Hispanic residents. The recent decline in median income aligns with the increase in Hispanic population and decrease in White population. These trends may indicate changing economic opportunities or housing affordability affecting different racial groups disproportionately.
Beverly Woods' demographic shifts reflect broader trends seen in many urban areas across the United States. These include an increasing Hispanic population, aligning with national trends of growing Hispanic communities in urban areas; a declining White population in urban centers, mirroring "White flight" to suburbs or exurbs in many U.S. cities; and a fluctuating Black population, which could reflect broader patterns of Black middle-class migration to suburbs or other regions.
The economic volatility in Beverly Woods, with a recent downward trend, may indicate wider economic pressures faced by middle-class neighborhoods in major cities. However, the median income remains relatively high compared to many other Chicago neighborhoods, suggesting Beverly Woods maintains a degree of economic stability despite demographic changes.
Beverly Woods exemplifies a neighborhood in transition, moving from a White Plurality to a more diverse community with a growing Hispanic presence. This shift, coupled with economic fluctuations, presents both challenges and opportunities for community cohesion and development in the coming years.