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Demographics
Population
Median Income
Racial Distributions
Noble Square, a neighborhood in Chicago, Illinois, has undergone significant demographic changes from 2013 to 2022. The area transitioned from a moderately diverse community to a predominantly White neighborhood. As of 2022, Noble Square is characterized as a White Majority community with a median income of $114,494.
The demographic composition of Noble Square has shifted notably over the past decade. In 2013, the neighborhood was categorized as moderately diverse, with a 57% White population, 22% Hispanic population, and 14% Black population. By 2018, the White population remained at 57%, while the Hispanic population decreased to 24%. Concurrently, the Asian population increased from 4% in 2013 to 7% in 2018.
The most recent data from 2022 indicates that Noble Square has maintained its White Majority status, with the White population at 58%. The Black population slightly increased to 13%, while the Hispanic population further declined to 14%. These demographic shifts have been accompanied by substantial economic changes in the neighborhood.
The median income in Noble Square has experienced a significant increase, rising from $70,982 in 2013 to $114,494 in 2022, representing a 61% increase over nine years. This income growth correlates with the increasing White Majority status and the growing Asian population percentage. The median income peaked at $125,362 in 2021 before slightly declining in 2022.
Despite the substantial increase in median income, the population of Noble Square has remained relatively stable, decreasing slightly from 7,728 in 2013 to 8,058 in 2022. This suggests that the neighborhood is experiencing gentrification, with higher-income residents replacing lower-income residents rather than a significant influx of new residents.
The demographic and economic shifts observed in Noble Square align with broader trends seen in many urban neighborhoods across the United States. The process of gentrification, characterized by an influx of higher-income residents and a decrease in racial diversity, is common in major cities. The rapid increase in median income in Noble Square outpaces the national average, with Noble Square's median income growing by 61% compared to the U.S. median household income growth of about 10% between 2013 and 2022.
The decrease in the Hispanic population percentage, from 22% in 2013 to 14% in 2022, is notable. This trend may reflect broader patterns of displacement of long-standing minority communities in gentrifying urban areas. The changes in Noble Square reflect broader urban gentrification trends but have occurred at a more accelerated pace than national averages.