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Demographic Evolution and Racial Composition in Albany, New York: 2013-2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Albany, New York's capital city, has a population of 100,832 as of 2022 with a median income of $51,386. It is categorized as a "Moderate Diversity" community. The city's racial composition consists of 51% white, 26% Black, 11% Hispanic, and smaller representations of other groups.
Over the past decade, Albany has maintained its "Moderate Diversity" status. The white population has remained stable at 51-52%. The Black population has fluctuated between 23% and 30%, currently at 26%. The Hispanic population has increased from 9% in 2013 to 11% in 2022. The Asian population has stayed at 6-7%. The percentage of individuals of two or more races increased from 4% in 2013 to 8% in 2019, before returning to 4% in 2022.
The median income in Albany has shown an upward trend, rising from $37,097 in 2013 to $51,386 in 2022, an increase of about 38%. This economic growth correlates with the demographic shifts. The rise in median income coincides with the increase in the Hispanic population and the temporary rise in multi-racial individuals. The stability of the white and Asian populations aligns with the steady income growth.
Albany's trends align with broader national patterns of increasing diversity in urban areas and growing income levels in state capitals and government-centric cities.
Based on observed trends, Albany is likely to continue its trajectory towards increased diversity. If the Hispanic population and multi-racial categories continue to grow, and if the white population decreases below 50%, Albany could transition from "Moderate Diversity" to "High Diversity" or "Majority-Minority" status in the coming years.
Economically, the steady increase in median income suggests continued growth, which could further attract diverse populations seeking economic opportunities. It will be important to monitor whether this growth is equitable across all racial groups to ensure the city does not develop significant economic disparities along racial lines.
Albany represents a slowly evolving urban landscape, balancing on the edge of significant demographic shifts while experiencing steady economic growth. The city's future will likely be shaped by how it manages this balance of diversity and economic development.
