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Demographics
Population
Median Income
Racial Distributions
Pennsport, a neighborhood in Philadelphia, Pennsylvania, is characterized as a "Low Diversity" community with a "White Majority" as of 2022. The area's median income reached $79,260 in 2022, showing significant growth over the past decade. Pennsport is notable for its historical significance and traditional Philadelphia row homes, as well as being the location of the Mummers Museum.
From 2013 to 2022, Pennsport has maintained its status as a "Low Diversity" neighborhood with a "White Majority." The white population has remained dominant, comprising between 76% and 81% of the total population during this period. There are minor indications of increasing diversity, with the Black population growing from 3% in 2013 to 7% in 2022, the Hispanic population remaining stable at 6-7%, and the "Two or More Races" category increasing from 1% in 2013 to 5% in 2022. The Asian population has fluctuated between 5-9% but shows a slight overall decrease.
The neighborhood has experienced substantial economic growth over the analyzed period. Median income increased from $58,240 in 2013 to $79,260 in 2022, representing a 36% increase. A notable increase in median income occurred between 2019 ($66,722) and 2021 ($85,775). The population grew moderately from 6,735 in 2013 to 7,253 in 2022, a 7.7% increase.
The rising median income correlates with the maintained white majority and may indicate gentrification processes. The slight increases in diversity have occurred alongside this economic growth, suggesting that the neighborhood is attracting a more diverse, but still predominantly white and increasingly affluent, population.
Pennsport's slow pace of diversification contrasts with broader national trends towards more mixed communities, especially in urban areas. The neighborhood's income growth outpaces the national average. The U.S. median household income grew from $52,250 in 2013 to $70,784 in 2021, an increase of about 35% over a similar period. Pennsport's growth of 36% from 2013 to 2022 is comparable but concentrated in a shorter timeframe, suggesting a more rapid local economic transformation.
The neighborhood's demographic stability amidst economic growth could indicate that it's becoming an increasingly desirable area for affluent white residents. This trend may raise concerns about affordability and inclusivity for a more diverse population. As Pennsport continues to evolve, balancing economic growth with inclusive community development may become a key challenge for local policymakers and residents.