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Demographics
Population
Median Income
Racial Distributions
Manayunk, a neighborhood in Philadelphia, Pennsylvania, exhibits characteristics of Low Diversity with a White Majority, with 84% of its population identifying as white in 2022. The neighborhood has experienced economic growth over the past decade, with median income increasing from $65,081 in 2013 to $80,082 in 2022. Manayunk is characterized by its vibrant Main Street, which has transformed from a former mill town into an area with boutiques, restaurants, and bars, attracting young professionals and contributing to its economic revitalization.
Throughout the period from 2013 to 2022, Manayunk has maintained its status as a Low Diversity, White Majority neighborhood. The white population has remained relatively stable, ranging from 82% to 86%. There have been minor shifts in other racial groups. The Black population decreased from 8% in 2013 to 5% in 2022. The Asian population increased from 0% in 2013 to 2% in 2022. The Hispanic population fluctuated between 3% and 6%. The most notable change occurred in the "Two or More Races" category, which increased from 0% in 2013 to 5% in 2022, indicating a trend towards slightly increased diversity.
Manayunk has experienced significant economic growth over the analyzed period. Median income increased from $65,081 in 2013 to $80,082 in 2022, representing a 23% growth. The neighborhood saw a peak in median income in 2021 at $99,708, before slightly declining in 2022. Population has fluctuated, growing from 3,860 in 2013 to a peak of 4,711 in 2016, then stabilizing around 3,800-4,000 in recent years.
The economic growth correlates with the maintenance of the White Majority status and could be attributed to the influx of young professionals attracted to the area's revitalized urban amenities. The slight increase in diversity, particularly in the Asian and multiracial categories, may be linked to this economic growth, potentially attracting a more diverse group of high-earning professionals.
Manayunk's demographic trends differ from broader Philadelphia trends. While Philadelphia as a whole is known for its diversity and has a significant Black population (around 40%), Manayunk remains predominantly white. This contrast highlights Manayunk's unique position within the city, potentially reflecting patterns of gentrification and selective migration.
The economic growth in Manayunk outpaces Philadelphia's overall growth. In 2019, Philadelphia's median household income was about $45,927, significantly lower than Manayunk's $81,989 in the same year. This disparity underscores Manayunk's status as an affluent enclave within the larger urban context.
The growth in the "Two or More Races" category in Manayunk aligns with national trends, as the multiracial population in the United States has been one of the fastest-growing demographic groups. However, Manayunk's overall racial composition remains less diverse than national averages, reflecting its distinct character within both the city and the broader national context.
In conclusion, while Manayunk has maintained its Low Diversity, White Majority status over the past decade, subtle shifts towards increased diversity are evident. These demographic changes, coupled with significant economic growth, indicate a neighborhood in transition, balancing its historical character with emerging trends of urban revitalization and gradual diversification.