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Demographics
Population
Median Income
Racial Distributions
The Land Bank neighborhood in Milwaukee, Wisconsin, is characterized as a Black Majority community with African Americans comprising 70% of the population in 2022. This neighborhood has experienced demographic changes over the past decade, reflecting urban trends of racial composition shifts and economic fluctuations. Land Bank has maintained a relatively stable population size despite these changes.
In 2013, Land Bank was categorized as a Black Majority community, with 62% of the population identifying as Black. This classification has persisted throughout the decade, with the Black population percentage increasing to 70% by 2022. The Asian population increased from 5% in 2013 to 11% in 2017, before declining to 5% in 2022. The Hispanic population grew from 4% in 2013 to 13% in 2019, before decreasing to 6% in 2022. The White population has steadily decreased from 22% in 2013 to 15% in 2022.
The median income in Land Bank has fluctuated over the decade. It peaked at $60,405 in 2013, declined to $41,291 in 2018, rebounded to $53,217 in 2019, and then declined again to $52,136 in 2022. These economic fluctuations appear to correlate with the neighborhood's demographic shifts. Periods of increased diversity generally aligned with higher median incomes, while the strengthening of the Black Majority status in recent years has coincided with a slight decline in median income.
The demographic trends in Land Bank reflect broader national patterns of increasing diversity in urban areas, with a unique twist. While many U.S. cities have seen a gradual increase in minority populations, Land Bank has maintained and strengthened its Black Majority status. This trend contrasts with the national move towards more diverse urban centers but aligns with the historical context of Milwaukee as a city with significant racial segregation.
The economic fluctuations in Land Bank mirror national trends of income volatility following the 2008 financial crisis and subsequent recovery. However, the neighborhood's median income remains below the national median, which was approximately $70,784 in 2021. This disparity highlights the ongoing economic challenges faced by predominantly Black neighborhoods in many American cities.
Land Bank presents a case study of a neighborhood that has resisted the national trend towards increased diversity, instead reinforcing its identity as a Black Majority community. The economic trajectory of the neighborhood, while showing resilience, also reflects the persistent income disparities often associated with predominantly minority urban areas in the United States.