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Demographic and Economic Trends in New Scotland: A White Majority Neighborhood with Increasing Asian Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
The New Scotland neighborhood in Albany, New York, is classified as a White Majority community with a median income of $74,450 as of 2022. The white population comprises 64% of the total, exceeding the 50% threshold for a racial majority. The neighborhood has experienced moderate changes in demographic composition and economic indicators over the past decade. New Scotland's proximity to the Albany Medical Center likely influences its demographic makeup and economic characteristics.
Over the past decade, New Scotland has maintained its status as a White Majority community. There has been a gradual decrease in the white population percentage, from 72% in 2013 to 64% in 2022. This trend indicates a slow but steady diversification of the neighborhood.
The most significant demographic shift has been the increase in the Asian population, which grew from 4% in 2013 to 11% in 2022. This change does not alter the overall categorization of the neighborhood but indicates a trend towards increased diversity. The Black population has remained relatively stable, fluctuating between 10% and 16% throughout the decade.
The median income in New Scotland has shown moderate growth over the observed period, increasing from $76,348 in 2013 to $74,450 in 2022. The overall trend indicates a relatively stable economic environment.
The periods of highest median income (2021 at $79,824) coincide with an increase in the Asian population percentage, which reached its peak in 2022 at 11%. This correlation might suggest that the influx of Asian residents could be associated with high-skilled jobs, possibly related to the nearby Albany Medical Center or other professional sectors.
The population of the neighborhood has fluctuated, with a general increasing trend from 3,073 in 2010 to 3,695 in 2022. This growth, combined with the stable to increasing median income, suggests that New Scotland has remained an attractive area for residents.
The trends observed in New Scotland align with broader patterns seen in many urban and suburban areas across the United States. The gradual diversification, particularly the growth in the Asian population, is consistent with national trends of increasing diversity in many communities.
The relatively high and stable median income of New Scotland ($74,450 in 2022) indicates that this neighborhood remains economically prosperous. This economic stability, combined with the gradual diversification, suggests that New Scotland is experiencing a controlled demographic evolution.
New Scotland remains categorized as a White Majority community but shows signs of gradual diversification and maintained economic prosperity. These trends suggest a neighborhood that is slowly evolving while maintaining its overall character and appeal to residents.
