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Demographics
Population
Median Income
Racial Distributions
Alcove, a neighborhood in Coeymans, New York, presents a demographic profile categorized as "Low Diversity" based on available data. As of 2022, the neighborhood is predominantly white (95%), with a small Hispanic population (3%) and individuals of two or more races (2%). Economically, Alcove has experienced growth, with the median income rising from $80,854 in 2013 to $98,849 in 2022. Alcove is situated along the Hudson River, offering a rural setting within commuting distance of Albany.
Over the past decade, Alcove has maintained its status as a "Low Diversity" community. The white population has remained the majority, never dropping below 95% throughout the observed period. There is a gradual increase in the Hispanic population, from 0% in 2015 to 3% in 2022, and the percentage of residents identifying as two or more races has grown from 0% in 2013 to 2% in 2022. These changes represent the early stages of potential diversification.
The economic trajectory of Alcove has been positive, correlating with its demographic stability. Median income has risen from $80,854 in 2013 to $98,849 in 2022, representing a 22% increase over nine years. The population has fluctuated, peaking at 1,571 in 2017 and dropping to 1,010 in 2022. This could suggest a shift towards larger, more affluent households or the development of more expensive housing.
Alcove's demographic and economic trends align with patterns seen in many affluent suburban areas across the United States, where racial diversity often increases at a slower pace compared to urban centers. The increase in median income outpaces the national average, suggesting that Alcove is becoming increasingly attractive to high-earning professionals. The gradual increase in Hispanic and multiracial populations mirrors national trends of increasing diversity in suburban areas, albeit at a much slower rate than the national average.
Alcove presents a picture of a stable, affluent, predominantly white community that is experiencing the early stages of diversification. The economic growth and high quality of life appear to be attracting a small but growing number of diverse residents, potentially setting the stage for a more significant demographic shift in the coming decades. However, the pace of change remains slow, and it may take many years before Alcove transitions from its current "Low Diversity" status to a more diverse community classification.