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Demographics
Population
Median Income
Racial Distributions
The American Mile neighborhood in Concord, Massachusetts, is characterized as a Low Diversity community with a White Majority. As of 2022, 89% of the population identifies as white, with a median income of $187,043. This affluent neighborhood is part of Concord, which played a role in the American Revolutionary War. The area contains many colonial-era buildings and literary landmarks associated with authors like Ralph Waldo Emerson and Louisa May Alcott.
Over the past decade, the American Mile neighborhood has maintained its status as a Low Diversity community with a White Majority. From 2013 to 2017, there was an increase in racial diversity, primarily due to growth in the Asian population (from 1% to 13%). Post-2017, this trend reversed, with the white population percentage increasing from 83% in 2017 to 95% in 2020. The most recent years (2021-2022) show a slight increase in the "Two or More Races" category (from 3% to 6%).
The neighborhood has experienced economic growth over the past decade. Median income has increased from $153,511 in 2013 to $187,043 in 2022, representing a 21.8% increase. The period of greatest racial diversity (2015-2017) coincided with a slight dip in median income, dropping from $169,963 in 2015 to $162,828 in 2017. As the community reverted to a higher percentage of white residents post-2017, median income rose sharply, reaching a peak of $192,259 in 2021.
The trends observed in the American Mile neighborhood reflect broader patterns seen in many affluent suburban areas across the United States. The neighborhood's median income is significantly higher than the national median household income, which was approximately $70,784 in 2021. The low diversity and high income levels are characteristic of many historically affluent New England towns. The slight increase in multiracial residents in recent years aligns with national trends, as the U.S. Census reported an increase in people identifying as multiracial between 2010 and 2020.
The neighborhood's population has fluctuated over the years but shows an overall decline from 2,725 in 2010 to 1,950 in 2022. This contrasts with many suburban areas that have seen population growth, suggesting that high property values may be limiting new resident influx.
In conclusion, while the American Mile neighborhood has maintained its status as a Low Diversity, White Majority community over the past decade, shifts in racial composition and economic growth have occurred. The area's high median income and historical significance likely contribute to its demographic stability, but recent trends suggest the potential for increased diversity in the future, albeit at a slow pace.