Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Golden Triangle neighborhood in Chelmsford, Massachusetts, exhibits a demographic profile characterized as a "White Majority" community with increasing diversity. As of 2022, the white population comprises 60% of residents, while the Asian population has grown to 32%. The neighborhood has a high median income of $123,841 in 2022, indicating an affluent suburban area. The Golden Triangle is known for its concentration of high-tech companies and research facilities.
Over the past decade, the Golden Triangle has transitioned from a "Low Diversity" community to one approaching "Moderate Diversity." In 2013, the neighborhood was categorized as "White Majority" with 72% white residents and 21% Asian residents. By 2022, while still maintaining a white majority, the community has experienced a significant increase in its Asian population and small but growing Hispanic and multiracial populations.
The most notable shift occurred between 2020 and 2021, where the white population decreased from 72% to 54%, briefly pushing the neighborhood into a "Majority-Minority" status. This change could be attributed to factors such as new housing developments, changes in local job markets, or broader societal shifts accelerated by the COVID-19 pandemic.
The demographic shifts have coincided with fluctuations in median income. From 2013 to 2022, the median income has remained consistently high, ranging from $117,000 to $148,516. The highest median income of $148,516 was recorded in 2021, coinciding with the peak of demographic diversity. This suggests that the increasing diversity may be linked to high-skilled, well-compensated professionals moving into the area, possibly attracted by the tech industry presence.
The population has shown gradual growth, increasing from 702 in 2010 to 900 in 2022, with some fluctuations. This growth, coupled with the demographic shifts, indicates that the Golden Triangle is becoming an increasingly attractive location for diverse, high-income households.
The demographic changes in the Golden Triangle reflect broader trends seen in many suburban areas near tech hubs across the United States. The increasing Asian population mirrors national trends of growing Asian communities in STEM-focused regions. The Golden Triangle's changes are more pronounced and rapid compared to national averages, suggesting a particularly dynamic local economy and housing market.
The neighborhood's consistently high median income, significantly above the national average, places it among the more affluent suburban communities in the country. This economic status, combined with its increasing diversity, positions the Golden Triangle as a microcosm of how technological industry clusters can shape local demographics and economies.
The Golden Triangle neighborhood is experiencing a transition towards greater diversity while maintaining its economic prosperity. This evolution reflects broader national trends but occurs at an accelerated pace, likely driven by its position as a tech-focused suburban enclave. As the community continues to diversify, it will be interesting to observe how these changes influence local culture, community services, and economic opportunities in the coming years.