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Demographics
Population
Median Income
Racial Distributions
Hyde Park, a neighborhood in Scranton, Pennsylvania, has transitioned from a Low Diversity community to a Transitional Community with a White Majority between 2013 and 2022. The white population decreased from 86% to 64%, while the Hispanic population increased from 8% to 24%. The neighborhood's median income rose from $36,109 to $44,718 during this period, indicating moderate economic growth.
Demographic shifts in Hyde Park reflect a clear trend towards increased diversity. The Hispanic population experienced a threefold increase, and residents identifying as two or more races grew from 1% to 6%. These changes coincide with the neighborhood's transition to a more diverse community composition.
Economic trends in Hyde Park show an overall upward trajectory, with median income increasing by 23.8% from 2013 to 2022. This growth occurred alongside demographic shifts, suggesting a possible correlation between increasing diversity and improving economic conditions. The population remained relatively stable, fluctuating between 16,500 and 17,500 residents over the decade.
The demographic changes observed in Hyde Park align with broader national trends of increasing diversity in urban and suburban areas. The growth of the Hispanic population reflects a nationwide trend of Hispanic population growth in many communities across the United States.
Hyde Park's economic growth, while positive, appears slower than the national average. The U.S. median household income grew by approximately 35.5% from 2013 to 2021, compared to Hyde Park's 23.8% growth over a similar period.
The transition of Hyde Park from a Low Diversity to a Transitional Community with increasing diversity reflects broader societal changes. This demographic evolution may indicate shifting economic opportunities, changing housing patterns, or evolving community dynamics in the Scranton area. These changes could present both challenges and opportunities for community cohesion, local businesses, and public services in the future.