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Demographic Analysis of Nob Hill: A White Majority Neighborhood in Albuquerque
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Nob Hill, a neighborhood in Albuquerque, New Mexico, exhibits a White Majority demographic composition with a median income of $76,273 as of 2022. The neighborhood falls under the Low Diversity category, with white residents comprising 76% of the population. Nob Hill is known for its vibrant arts scene and historic Route 66 architecture, which contributes to its unique character within Albuquerque.
Over the past decade, Nob Hill has consistently maintained its status as a White Majority neighborhood. There have been subtle shifts in its racial composition. The white population percentage has fluctuated slightly, reaching its lowest point of 68% in 2018 before rebounding to 76% in 2022. The Hispanic population has shown a gradual increase from 10% in 2013 to 14% in 2022, indicating a slow but steady growth in this demographic. Other racial groups have maintained relatively stable, small percentages throughout the decade.
The median income in Nob Hill has shown significant growth over the past decade. From 2013 to 2022, median income increased from $66,143 to $76,273, representing a 15.3% growth. A notable spike occurred in 2021, with median income reaching $91,566, before settling back to $76,273 in 2022. This overall upward trend in median income correlates with the maintenance of the White Majority status and could be indicative of ongoing gentrification processes in the neighborhood.
Population figures have fluctuated over the decade. The population peaked at 4,742 in 2014 and reached its lowest point of 3,794 in 2019. As of 2022, the population stands at 3,994, showing a slight recovery from the 2019 low. These population changes, coupled with rising incomes, might suggest a shift towards smaller, more affluent households in the neighborhood.
The demographic trends in Nob Hill somewhat mirror broader national trends of slow increases in diversity, particularly in urban areas. However, the neighborhood's maintenance of a strong White Majority contrasts with many urban areas that have seen more rapid diversification. The economic growth in Nob Hill outpaces the national average, which saw median household income rise by about 10% from 2013 to 2022 (adjusted for inflation). This suggests that Nob Hill is experiencing stronger economic growth than many other areas of the country.
The neighborhood's ability to maintain its population levels while increasing median income is noteworthy, as many gentrifying urban areas often see population decreases as housing becomes more expensive. This could indicate that Nob Hill is successfully balancing economic growth with retention of its community members. While Nob Hill has maintained its status as a White Majority, Low Diversity neighborhood over the past decade, subtle shifts towards increased diversity and significant economic growth suggest a neighborhood in transition. These changes, while gradual, may continue to shape the character and composition of this historic Albuquerque neighborhood in the coming years.
