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Carnegie Hill: A Predominantly White Neighborhood with Subtle Demographic Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Carnegie Hill, a neighborhood in Manhattan, New York, exhibits characteristics of Low Diversity, with a significant White Majority (71% as of 2022). The neighborhood's median income stands at $151,955 as of 2022, reflecting its status as one of New York City's wealthiest areas. Over the past decade, Carnegie Hill has consistently maintained its status as a White Majority community, although there have been subtle shifts in its racial composition. The neighborhood has experienced a gradual decrease in the white population, from 78% in 2013 to 71% in 2022. Despite this decline, the area still falls under the Low Diversity category due to the dominant white presence.
The most notable change has been the increase in the Hispanic population, rising from 8% in 2013 to 14% in 2022. This growth, along with slight increases in other minority populations, suggests a slow transition towards greater diversity. The Asian population has remained relatively stable, hovering around 9-11% throughout the decade. Black representation has stayed consistently low, between 1-2%. The emergence of a small but growing "two or more races" category (increasing from 1% to 3%) indicates a trend towards more mixed-race residents.
Carnegie Hill's median income has fluctuated over the years but generally remained high, ranging from $153,590 in 2016 to a peak of $161,449 in 2021. The 2022 figure of $151,955, while lower than the previous year, still represents a slight increase from the 2013 level of $154,491 when adjusted for inflation. The population of Carnegie Hill has decreased from its peak of 30,183 in 2017 to 25,674 in 2022. This decline coincides with the slight increase in diversity, suggesting that some long-term white residents may be moving out while more diverse, albeit fewer, residents are moving in.
The correlation between demographic shifts and economic trends is not strongly evident in the data. Despite the minor increase in diversity, the neighborhood has maintained its high-income status, indicating that new residents are likely of similar socioeconomic standing to those they're replacing.
Carnegie Hill's demographic trends differ from broader New York City patterns, which have seen more significant increases in diversity over the same period. While the city as a whole has been moving towards a Majority-Minority status, Carnegie Hill remains a predominantly white, affluent enclave. The neighborhood's resistance to rapid demographic change is typical of high-income areas in major cities, where property values and established community networks can slow the pace of diversification. However, the gradual increase in Hispanic residents and those of two or more races aligns with national trends of growing diversity in urban areas.
The slight population decrease in Carnegie Hill contrasts with the overall population growth in New York City during this period, suggesting that the neighborhood may be experiencing unique pressures, possibly related to housing costs or changing preferences among wealthy urban dwellers. While Carnegie Hill is experiencing a slow diversification, it remains a bastion of affluence and white majority in Manhattan. The subtle demographic shifts and steady high incomes indicate a neighborhood in the early stages of transition, but one that is likely to maintain its distinct character and socioeconomic status for the foreseeable future.
