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Demographics
Population
Median Income
Racial Distributions
Chelsea, a Manhattan neighborhood, maintains a "White Majority" demographic profile with 62% of its population identifying as white in 2022. The median income in Chelsea was $118,104 in 2022, indicating its affluent status. Over the past decade, Chelsea has consistently retained its "White Majority" classification, with the white population remaining above 60%.
The Hispanic population in Chelsea has shown a steady increase from 15% in 2013 to 18% in 2022, suggesting a "Transitional Community" aspect. The Asian population experienced growth from 11% in 2013 to 13% by 2018, but subsequently decreased to 10% in 2022. The percentage of residents identifying as two or more races increased from 2% in 2013 to 4% in 2022, indicating a gradual trend towards increased diversity.
Chelsea's median income has fluctuated over the years. The highest median income was recorded in 2021 at $134,253. A significant drop occurred from 2021 to 2022, with the median income falling from $134,253 to $118,104. Despite these fluctuations, the median income remained relatively stable over the decade, consistently above $125,000 for most years until the recent decline.
The population of Chelsea has also experienced changes. The highest population was recorded in 2015 at 56,109. Since then, the population has decreased, settling at 51,820 in 2022. These economic trends suggest that while Chelsea remains an affluent neighborhood, it may be experiencing some economic pressures.
Chelsea's demographic and economic trends reflect broader patterns seen in many gentrified urban neighborhoods. The maintained "White Majority" status and high median income are consistent with long-term gentrification patterns in urban areas. The growth in the Hispanic population aligns with national trends of increasing Hispanic representation in urban areas. The recent decline in median income may reflect broader economic challenges faced by high-cost urban areas, particularly following the COVID-19 pandemic. The slight decline in population since 2015 could be part of a larger trend of people moving out of high-cost urban centers.
Chelsea represents a neighborhood that, while maintaining its status as an affluent, predominantly white area, is showing signs of gradual demographic shifts and potential economic pressures. These changes, though subtle, may signal the beginning of more significant transformations in the neighborhood's character and composition in the coming years.