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Demographics
Population
Median Income
Racial Distributions
North Mayfair, a neighborhood in Chicago, Illinois, currently exhibits Moderate Diversity with a White Plurality. As of 2022, the white population constitutes 43% of the community, followed by Hispanic (31%) and Asian (23%) populations. The neighborhood has experienced demographic shifts over the past decade, coupled with fluctuations in median income. North Mayfair is known for its historic bungalow district, which contributes to its architectural character and community identity.
From 2013 to 2022, North Mayfair transitioned from a White Plurality to a more balanced Moderate Diversity. In 2013, the neighborhood had a White Plurality (42%) with Asian (24%) and Hispanic (31%) populations. The Asian population fluctuated, peaking at 27% in 2015 before settling at 23% in 2022. The Hispanic population remained between 27-36%. The Black population increased from nearly non-existent to 2% by 2022.
The median income in North Mayfair has shown volatility over the past decade. Starting at $59,597 in 2013, it peaked at $94,474 in 2021 before dropping to $80,403 in 2022. This upward trend in income coincides with the neighborhood's increasing diversity. The population of North Mayfair has decreased from 8,052 in 2013 to 6,594 in 2022. This decline, coupled with rising incomes, suggests a potential gentrification process or a shift towards smaller, more affluent households.
The demographic shifts in North Mayfair reflect broader trends seen in many urban areas across the United States. The increase in diversity, particularly the growth in Asian and Hispanic populations, aligns with national demographic trends in metropolitan areas. The increase in median income (over 35% from 2013 to 2022) outpaces the national average, suggesting that North Mayfair may be experiencing more rapid economic changes than many other urban neighborhoods.
The decrease in population, despite rising incomes, is a pattern often associated with gentrification in urban areas. This trend is seen in other cities like San Francisco and New York, where certain neighborhoods have become more affluent but less populous as housing becomes more expensive and family sizes decrease.
North Mayfair's evolution over the past decade showcases a trend towards greater racial diversity and economic prosperity, but potentially at the cost of decreased affordability for some residents. This balance between diversity, economic growth, and community preservation presents both opportunities and challenges for the neighborhood's future development and social cohesion.