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Demographics
Population
Median Income
Racial Distributions
Pico-Union, a neighborhood in Los Angeles, California, exhibits a Hispanic Racial Majority with a low diversity profile. As of 2022, the area has a population of 27,965 and a median income of $31,343. Pico-Union is known for its Central American influence, reflected in local businesses, street art, and community events.
Over the past decade, Pico-Union has maintained its status as a Hispanic Racial Majority community. The Hispanic population has remained stable, ranging from 79% to 82% of the total population. Minor shifts in other racial groups include: the Asian population fluctuating from 9% in 2013 to 10% in 2022, the Black population increasing from 3% in 2013 to 5% in 2022, and the White population remaining steady at around 5%. These changes indicate a slight trend towards increased diversity.
The median income in Pico-Union has shown an upward trend over the past decade. In 2013, the median income was $24,583. By 2021, it had increased to $33,789, representing a 37% growth. However, there was a slight decrease to $31,343 in 2022. This overall increase in median income correlates with the slight diversification of the neighborhood's racial composition.
Population trends show some fluctuation. The population peaked at 30,081 in 2018 and has since decreased to 27,965 in 2022, a 7% decline. This recent population decrease could be due to various factors, including housing costs, economic pressures, or changes in immigration patterns.
Pico-Union's demographic profile is unique within the diverse landscape of Los Angeles. The neighborhood's strong Hispanic majority sets it apart. The gradual improvement in median income aligns with broader urban trends of gentrification and economic development in historically lower-income areas. However, Pico-Union's median income remains significantly below the Los Angeles average, highlighting persistent economic challenges in the area.
The recent slight decrease in population, coupled with the continued increase in median income until 2021, might suggest early signs of gentrification pressures, potentially displacing some long-term residents. While Pico-Union remains a Hispanic Racial Majority community with low diversity, subtle shifts in demographics and more pronounced changes in economic indicators suggest a neighborhood in slow transition. The future challenge will be balancing economic development with preserving the area's strong cultural identity and supporting its long-standing community members.