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Demographic and Economic Trends in Silver City: A Hispanic Majority Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Silver City, a neighborhood in Milwaukee, Wisconsin, is characterized as a Hispanic Majority community with moderate diversity. As of 2022, the median income was $39,565. The neighborhood's population consists of 62% Hispanic and 19% White residents. Silver City has historical significance as a culturally diverse area, initially settled by European immigrants in the late 19th century and now home to a substantial Hispanic community.
Over the past decade, Silver City has maintained its classification as a Hispanic Majority with Moderate Diversity. The Hispanic population has remained the majority, ranging from 59% to 65%. The White population decreased slightly from 19% in 2013 to 17% in 2015, then stabilized around 19-22%. The Black population increased from 6% in 2013 to 13% in 2017, then stabilized around 11-12%.
The median income in Silver City has shown an upward trend over the decade. In 2013, it was $31,600. It slightly decreased to $31,133 in 2017, then significantly increased to $39,565 in 2022. This represents a 25% increase in median income from 2013 to 2022. The most substantial growth occurred between 2019 and 2021, coinciding with a slight decrease in the White population and an increase in the Hispanic majority.
The population has decreased slightly from 5,190 in 2013 to 4,923 in 2022, a 5% decline. This could indicate outmigration of some residents, possibly due to gentrification or other economic factors.
The demographic shifts in Silver City reflect broader national trends of increasing diversity in urban areas. The growth of the Hispanic population aligns with national patterns, where Hispanic communities have been expanding in many U.S. cities.
The income growth in Silver City, while positive, may still lag behind national averages. The 2022 median income of $39,565 is below the national median household income, which was around $70,784 in 2021. This suggests that while economic conditions are improving in Silver City, the neighborhood still faces economic challenges compared to national standards.
The stability of the Hispanic Majority in Silver City, despite some fluctuations, indicates a strong cultural presence that has resisted rapid gentrification seen in some other urban neighborhoods across the U.S. This could be attributed to strong community ties and potentially more affordable housing options compared to other parts of Milwaukee.
Silver City represents a stable Hispanic Majority community with Moderate Diversity, experiencing gradual economic improvement while maintaining its cultural character. The neighborhood's evolution reflects both local dynamics and broader national trends in urban demographics and economics.
