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Demographics
Population
Median Income
Racial Distributions
Roosevelt Island, a neighborhood in Manhattan, New York, exhibited a "High Diversity" demographic profile in 2022. No racial group exceeded 40% of the population, with White, Asian, and Black groups having significant representation. The island's median income was $103,937 in 2022, indicating economic prosperity. Roosevelt Island is known for its planned community structure and aerial tramway connecting it to Manhattan.
Over the past decade, Roosevelt Island's racial composition has changed significantly. In 2013, the neighborhood had a "White Plurality" with 44% of the population identifying as white. By 2022, it transitioned to a "High Diversity" status. This shift is primarily due to an increase in the Asian population, which grew from 18% in 2013 to 29% in 2022, while the white population decreased slightly to 43%.
The island has maintained a "Majority-Minority" status throughout the observed period, with minority groups collectively constituting more than 50% of the population. The most notable change has been the steady rise in the Asian population, which nearly doubled its share over the decade.
The demographic shifts in Roosevelt Island correlate with economic changes. The median income increased from $69,252 in 2013 to $103,937 in 2022, representing a growth of about 50%. This income growth coincides with the increasing Asian population and the maintenance of a significant white population, suggesting the neighborhood has attracted higher-income residents from these racial groups.
The population has remained relatively stable, fluctuating between 11,000 and 13,000 residents. This stability, combined with rising incomes, indicates that the demographic changes are likely due to turnover in existing housing rather than significant new development.
The trends observed in Roosevelt Island align with broader patterns seen in many urban areas across the United States, particularly in terms of increasing diversity and rising incomes in centrally located neighborhoods. The growth in the Asian population mirrors trends seen in other parts of New York City and major metropolitan areas, reflecting broader immigration patterns and the increasing economic mobility of Asian Americans.
Roosevelt Island's planned community structure and distinct location may have contributed to its ability to maintain a highly diverse population while experiencing significant economic growth. This balance is not always achieved in other rapidly gentrifying urban areas, where economic changes often lead to more pronounced demographic shifts and potential displacement of long-term residents.
The island's income increase, particularly the jump to over $100,000 in median income from 2020 onwards, outpaces the overall income growth in Manhattan and New York City. This suggests that Roosevelt Island has become an increasingly desirable location for high-earning professionals, possibly due to its proximity to Manhattan's job centers combined with its unique island setting and community feel.
Roosevelt Island presents a case study of urban demographic and economic evolution. Its transition to a highly diverse community with increased affluence, while maintaining a stable population size, sets it apart from many other urban neighborhoods experiencing rapid change. The island's ability to foster diversity alongside economic growth could offer insights for urban planners and policymakers seeking to create inclusive, prosperous communities in other cities.