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Demographic Analysis of Chicago's Gold Coast: Population Density and Trends (2010-2022)
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
The Gold Coast neighborhood in Chicago, Illinois, exhibits a high population density. As of 2022, the population density was 62,422.79 people per square mile. This density indicates a neighborhood characterized by high-rise residential buildings and developed urban infrastructure.
Population trends from 2010 to 2022 show fluctuations. The neighborhood experienced growth from 2010 to 2015, with the population increasing from 14,250 to 16,103. A decline occurred in 2016, dropping to 15,411 residents. Since then, the population has remained relatively stable, reaching 15,410 in 2022.
The Gold Coast's density suggests a lifestyle of vertical living, with residents likely occupying apartments or condominiums in tall buildings. This urban setting typically offers amenities within walking distance, including retail shops, restaurants, and cultural institutions. The neighborhood is in proximity to Lake Michigan and the Magnificent Mile.
Given the population density and the estimated 5,904 housing units in 2022, the average household size in Gold Coast is likely smaller than the national average. This may indicate a higher proportion of single professionals, couples without children, or empty nesters who prefer an urban lifestyle.
The slight population decrease since the peak in 2015 might reflect changing urban dynamics, possibly influenced by factors such as housing costs, demographic shifts, or evolving preferences for urban living. The overall stability in recent years suggests that the Gold Coast maintains its appeal as an urban neighborhood.
The Gold Coast's urban characteristics make it distinct within Chicago, offering a cosmopolitan living experience that contrasts with other urban or suburban areas of the city. This neighborhood exemplifies the intensive land use and vertical development characteristic of densely populated urban cores in major American cities.
