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Demographic Evolution of New Hyde Park: Asian Majority and Economic Prosperity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
New Hyde Park, a neighborhood in Queens, New York, currently represents a Racial Majority community with a significant Asian population of 63% in 2022. The area has a median income of $112,511 in 2022, indicating economic affluence. New Hyde Park is notable for its strong Indian-American community, particularly those with roots in Kerala, India, contributing to its distinct cultural composition.
Over the past decade, New Hyde Park has experienced a significant demographic transformation. In 2013, it was categorized as a Moderate Diversity area, with Asians (47%) and Whites (39%) as the two dominant groups. By 2017, it transitioned into an Asian Majority community, with the Asian population exceeding 50%. This trend continued, solidifying its status as a Racial Majority area by 2022.
The White population has steadily declined from 39% in 2013 to 20% in 2022, while the Hispanic population has slightly increased from 6% to 10%. The Black population has remained consistently low, not exceeding 3%. This demographic evolution suggests a Transitional Community status, evident in the consistent growth of the Asian population and the decline of the White population.
The median income in New Hyde Park has shown an overall upward trend, rising from $103,506 in 2013 to $112,511 in 2022, with fluctuations in between. The highest median income was recorded in 2021 at $121,253, coinciding with the peak of Asian population percentage (61%). The population has remained relatively stable, with a slight increase from 11,577 in 2013 to 12,736 in 2022. This suggests that the neighborhood has maintained its attractiveness to residents while undergoing demographic changes.
The correlation between the increasing Asian population and rising median income may indicate that the influx of Asian residents has contributed to the area's economic prosperity. This could be due to factors such as high educational attainment or entrepreneurial activities within the Asian-American community.
The demographic shift in New Hyde Park reflects broader trends seen in many parts of Queens and the New York City metropolitan area. The growth of the Asian population, particularly of South Asian origin, is a phenomenon observed in several neighborhoods across Queens. Compared to national trends, New Hyde Park's median income is significantly higher than the U.S. median household income, which was about $70,784 in 2021. This indicates that New Hyde Park remains an affluent suburb within the diverse landscape of New York City.
The neighborhood's evolution from a moderately diverse community to one with an Asian majority, while maintaining high income levels, showcases the dynamic nature of demographic and economic changes in urban and suburban areas. It also highlights the increasing role of Asian-Americans in shaping the socio-economic landscape of American suburbs, particularly in regions with strong immigrant populations like the New York metropolitan area.
