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Demographics
Population
Median Income
Racial Distributions
Montclare, a neighborhood in Chicago, Illinois, exhibits a demographic composition categorized as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The Hispanic population constitutes 50% of the neighborhood, while the White population accounts for 39%. Over the past decade, Montclare has experienced significant demographic changes and fluctuations in median income. The neighborhood is characterized by a combination of residential and light industrial areas.
In 2013, Montclare displayed "Moderate Diversity" with a White plurality of 46% and a Hispanic population of 45%. Over the following decade, the neighborhood transitioned to a "Majority-Minority" status. This shift was primarily attributed to an increase in the Hispanic population and a decrease in the White population. The Asian and Black populations remained relatively stable, ranging from 3-4% and 2-6% respectively. A slight increase in the Black population occurred from 2020 to 2022, rising from 3% to 5%.
Montclare's median income has shown volatility over the past decade. It started at $55,523 in 2013, reached a peak of $71,678 in 2021, and then decreased to $57,435 in 2022. This economic fluctuation suggests a dynamic environment, potentially influenced by changes in employment opportunities or shifts in the local job market. Despite these economic variations, the population of Montclare has grown steadily from 18,513 in 2013 to 20,677 in 2022, indicating the neighborhood's increasing appeal.
The demographic changes in Montclare align with broader trends observed in many urban areas across the United States, where Hispanic populations have been growing and diversifying neighborhoods. The transition to a "Majority-Minority" status is part of a larger national trend, particularly evident in major cities like Chicago.
The economic volatility experienced in Montclare, especially the sharp increase and subsequent decrease in median income between 2021 and 2022, may be related to the broader economic impacts of the COVID-19 pandemic and its aftermath. Many urban areas experienced similar patterns of economic instability during this period.
Montclare's evolution over the past decade demonstrates a neighborhood in transition, both demographically and economically. The shift towards a "Majority-Minority" status with a growing Hispanic population, combined with economic fluctuations and steady population growth, indicates a dynamic community adapting to changing urban dynamics. These trends suggest that Montclare is likely to continue evolving, potentially towards greater diversity and economic complexity in the coming years.