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Demographic Composition and Racial Trends in Winneconna Parkway, Chicago
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Winneconna Parkway, a neighborhood in Chicago, Illinois, currently exhibits a demographic profile categorized as "Low Diversity" based on available data. As of 2022, the neighborhood has a population of 395 with a median income of $13,456. The community is predominantly Black, with 90% of the population identifying as such. This neighborhood has undergone demographic and economic changes over the past decade.
Throughout the observed period from 2013 to 2022, Winneconna Parkway has consistently maintained its status as a "Low Diversity" neighborhood with a strong "Black Majority." The Black population has remained above 75% throughout this period, ranging from a high of 98% in 2013 and 2019 to a low of 84% in 2018.
There are subtle signs of increasing diversity in recent years. The emergence of a small Hispanic population (2%) in 2022, a gradual increase in the "Two or More Races" category, reaching 5% in 2022, and a small but consistent White population, hovering around 2-8% over the years, have been observed. These changes are not significant enough to shift the neighborhood out of the "Low Diversity" category, but may indicate the beginnings of a "Transitional Community" if these trends continue or accelerate in the coming years.
The median income in Winneconna Parkway has fluctuated significantly over the past decade. From 2013 to 2020, the median income remained relatively stable, ranging from about $12,000 to $16,000. There was a notable spike in 2021, with median income reaching $24,621, nearly doubling from the previous year. However, this increase was not sustained, as the median income dropped back to $13,456 in 2022. These economic fluctuations do not appear to correlate strongly with the subtle demographic shifts observed.
Population trends show a general decline from a peak of 933 residents in 2015 to 395 in 2022. This significant population decrease could be indicative of broader urban challenges such as housing issues, economic pressures, or changing neighborhood dynamics.
The median income in Winneconna Parkway ($13,456 in 2022) is significantly lower than the national median household income, which was around $70,000 in 2022. This suggests that the neighborhood faces considerable economic challenges compared to national averages. The neighborhood's racial composition, with a 90% Black majority, is notably different from the overall demographic makeup of Chicago, which is more diverse. This suggests that Winneconna Parkway may be part of a historically Black area of the city that has maintained its demographic character despite broader urban changes.
In conclusion, while Winneconna Parkway has maintained its status as a predominantly Black, low-diversity neighborhood over the past decade, subtle signs of increasing diversity and significant economic fluctuations suggest a community in transition. The challenges of low median income and declining population indicate that this neighborhood may be facing significant socio-economic pressures that could shape its future demographic and economic landscape.
