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Demographics
Population
Median Income
Racial Distributions
Norwood Park West, a neighborhood in Chicago, Illinois, exhibits characteristics of Low Diversity, with a White Majority comprising 85% of the population as of 2022. The area has maintained a high median income, reaching $96,309 in 2022, above the national average. This affluent, predominantly white neighborhood is known for its quiet, suburban-like atmosphere within Chicago, featuring tree-lined streets and single-family homes.
Over the past decade, Norwood Park West has remained in the Low Diversity category, with the white population consistently making up over 75% of residents. There have been subtle shifts within this framework. The white population has slightly decreased from 88% in 2013 to 85% in 2022. The Hispanic population has grown from 6% in 2013 to 8% in 2022. The Asian population has increased from 1% in 2013 to 4% in 2022.
The economic status of Norwood Park West has remained strong throughout the observed period. The median income has increased from $84,246 in 2013 to $96,309 in 2022, representing a 14.3% growth over nine years. The neighborhood has seen steady population growth, from 8,245 in 2013 to 9,789 in 2022, an increase of about 18.7%.
The rising median income correlates with the slight increase in diversity, particularly the growth in Asian and Hispanic populations. This could suggest that the new residents moving into the area are affluent professionals from diverse backgrounds, slowly changing the neighborhood's composition while maintaining its high economic status.
Norwood Park West's demographic trends differ somewhat from broader Chicago trends. While Chicago as a whole is known for its diversity, with significant Black, Hispanic, and Asian populations, Norwood Park West remains predominantly white. However, the slow increase in diversity in this neighborhood aligns with national trends of increasing diversity in suburban and suburban-like areas.
The neighborhood's economic resilience and growth are notable. The consistent increase in median income and population suggests that Norwood Park West remains an attractive location for affluent residents, potentially due to its combination of suburban feel and proximity to urban amenities.
In conclusion, while Norwood Park West remains a Low Diversity, White Majority area, subtle shifts in its demographic makeup hint at a gradual transition towards increased diversity. This change, coupled with strong economic indicators, suggests a slowly evolving community that maintains its desirable status while becoming incrementally more inclusive of diverse residents.