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Demographic Changes in Magoun Square: White Majority with Increasing Hispanic and Asian Populations
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Magoun Square in Somerville, Massachusetts, is characterized as a "White Majority" community with 68% white population as of 2022. The neighborhood shows increasing diversity, particularly in Hispanic and Asian populations. The median income in 2022 was $116,775, indicating an affluent area. This reflects broader economic trends in Somerville, which has experienced significant gentrification and development in recent years.
Over the past decade, Magoun Square has transitioned from a "Low Diversity" area towards "Moderate Diversity." The white population decreased from 76% in 2013 to 68% in 2022. The Hispanic population increased from 3% in 2013 to 17% in 2022. The Asian population grew from 6% in 2013 to 12% in 2020, then slightly decreased to 10% by 2022. These changes suggest Magoun Square is becoming a "Transitional Community" with increasing representation from Hispanic and Asian residents.
The median income in Magoun Square has shown an upward trend, rising from $96,537 in 2013 to $116,775 in 2022, with a peak of $144,648 in 2021. This increase suggests ongoing gentrification and an influx of higher-income residents. The population fluctuated, peaking at 6,668 in 2017 before declining to 5,723 in 2022. This population decrease, coupled with rising incomes, may indicate a shift towards smaller, more affluent households, possibly displacing larger, lower-income families.
The trends in Magoun Square reflect patterns seen in many urban areas across the United States, particularly in cities experiencing rapid economic growth and development. The increasing diversity, especially the growth in Hispanic and Asian populations, mirrors national demographic shifts towards a more multicultural society.
The income growth in Magoun Square outpaces national averages, indicating that this neighborhood is part of a rapidly gentrifying urban area. This trend is common in cities with strong tech and education sectors, like the greater Boston area, where Somerville is located.
The combination of increasing diversity and rising affluence in Magoun Square presents opportunities and challenges. It may lead to improved local amenities and economic development, but also raises concerns about affordability and potential displacement of long-term residents. As the neighborhood continues to evolve, balancing economic growth with inclusive community development will be crucial for maintaining a vibrant and diverse urban environment.
