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Demographics
Population
Median Income
Racial Distributions
Gramercy Park, a neighborhood in Manhattan, New York, is characterized as a White Majority community with a high median income. As of 2022, the neighborhood is categorized as Low Diversity, with 69% of the population identifying as white. The area features an exclusive private park accessible only to residents living around the square.
Over the past decade, Gramercy Park has maintained its status as a White Majority community. However, a gradual shift towards increased diversity has been observed, although still within the Low Diversity category. The percentage of white residents has decreased from 76% in 2013 to 69% in 2022, indicating a slow but steady trend towards greater racial diversity.
The Asian population has experienced the most significant increase, rising from 13% in 2013 to 16% in 2022. There have also been modest increases in the Hispanic population (from 5% to 7%) and the Black population (from 2% to 5%) over this period. The percentage of residents identifying as two or more races has grown from 1% to 3%.
The demographic shifts in Gramercy Park have occurred alongside economic changes. The median income has generally trended upward, rising from $122,268 in 2013 to $138,252 in 2022, an increase of about 13%. This suggests that the neighborhood has maintained its status as an affluent area while slowly becoming more diverse.
The population of Gramercy Park has remained relatively stable over the decade, with a slight decrease from 20,088 in 2013 to 19,060 in 2022. This stability in population, combined with increasing diversity and rising incomes, suggests a gradual turnover of residents rather than a large-scale demographic shift.
The trends observed in Gramercy Park align with broader patterns seen in many affluent urban neighborhoods across the United States. Many such areas are experiencing slow but steady increases in diversity, often driven by growing Asian and Hispanic populations. However, the pace of change in Gramercy Park appears to be slower than in many other urban areas.
The resilience of Gramercy Park's high median income, even as it becomes slightly more diverse, is noteworthy. This contrasts with some other urban areas where increasing diversity has been associated with more significant changes in neighborhood socioeconomic status.
While Gramercy Park remains a White Majority, Low Diversity neighborhood with high median incomes, the data suggests a slow but steady trend towards greater diversity. If these trends continue, the neighborhood may transition into a Moderate Diversity category in the coming years, potentially altering its socioeconomic dynamics while likely maintaining its status as an affluent Manhattan enclave.