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Demographics
Population
Median Income
Racial Distributions
Wolf Lake, a Chicago neighborhood, exhibits a Hispanic Majority demographic profile as of 2022. The area has a population of 2,405 and a median income of $65,730. Wolf Lake is characterized by its namesake lake, which spans the Illinois-Indiana border and serves as a recreational site.
Over the past decade, Wolf Lake has experienced significant demographic changes. In 2013, the neighborhood displayed Moderate Diversity, with Hispanic (52%) and White (43%) populations nearly evenly distributed. By 2017, the community transitioned to a Hispanic Majority status, with the Hispanic population increasing to 64%. This trend has generally continued, albeit with some variations. In 2022, a notable increase in the Black population occurred, rising from 3% to 21%, potentially indicating a shift towards High Diversity.
The median income in Wolf Lake has shown considerable fluctuation over the decade. From 2013 to 2017, there was a significant increase from $55,010 to $67,813, coinciding with the establishment of the Hispanic majority. However, 2019 experienced a sharp decline to $54,741, followed by a recovery to $65,730 in 2022. This economic instability may reflect broader economic challenges in Chicago or specific local factors affecting employment in the area.
The population has also fluctuated, declining from 2,314 in 2013 to a low of 1,809 in 2016, before increasing to 2,405 in 2022. This population growth, combined with the recent income recovery, suggests a potential revitalization of the neighborhood.
The demographic shifts in Wolf Lake are consistent with broader trends observed in many urban areas across the United States, where Hispanic populations have grown significantly. However, the recent sharp increase in the Black population is somewhat unusual and may reflect specific local factors or policy changes affecting housing or employment in the area.
The income volatility in Wolf Lake is more pronounced than what might be expected in a stable urban neighborhood, suggesting that the area may be particularly sensitive to economic shifts or undergoing significant changes in its economic base.
Wolf Lake presents a dynamic picture of demographic and economic change. While it has maintained a Hispanic majority for several years, recent shifts suggest it may be moving towards a more diverse demographic profile. The economic fluctuations, coupled with population changes, indicate a neighborhood in transition, potentially reflecting broader urban renewal or gentrification processes occurring in parts of Chicago. As the community continues to evolve, it will be important to monitor how these changes affect local culture, community cohesion, and economic opportunities for residents.