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Demographic and Economic Trends in Parkway Gardens: A Predominantly Black Neighborhood in Chicago
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Parkway Gardens, a neighborhood in Chicago, Illinois, is characterized by low diversity with a predominantly Black population of 93% in 2022. The median income in the area was $19,616 in 2022, which is considerably lower than national averages. The neighborhood is known for its high-density public housing complex.
From 2013 to 2022, Parkway Gardens maintained its status as a low diversity neighborhood with a Black majority. The racial composition remained stable, with the Black population consistently above 90%. However, recent data shows a slight decrease in the Black population from 99-100% in earlier years to 93% in 2022, along with small increases in Hispanic (3%) and Asian (2%) populations.
The economic situation in Parkway Gardens has fluctuated significantly. From 2013 to 2019, the median income ranged from approximately $10,400 to $12,600. In 2020, there was a notable increase to $19,498, followed by a further rise to $24,378 in 2021, and a slight decrease to $19,616 in 2022.
The population trends show a decline from 375 in 2010 to 282 in 2018, followed by an increase to 349 in 2022. This population growth coincides with economic improvements and may be linked to the neighborhood becoming more attractive to a wider range of residents.
Despite recent economic improvements, Parkway Gardens' median income remains significantly below Chicago's overall median household income, which was approximately $62,000 in 2020. The neighborhood's racial composition contrasts sharply with Chicago's overall demographics, which are more diverse.
The recent economic improvements in Parkway Gardens should be considered in the context of challenges faced by many urban, predominantly Black neighborhoods across the United States. The subtle increase in diversity and economic indicators could be related to urban revitalization efforts or changing housing policies aimed at creating mixed-income communities.
In conclusion, Parkway Gardens remains a low diversity neighborhood with a strong Black majority, but there are early indications of potential demographic and economic shifts. These changes, though small, may signal the beginning of a gradual transformation in the neighborhood's socio-economic landscape. Continued monitoring of these trends will be important to understand their long-term impact on the community's development.
