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Demographics
Population
Median Income
Racial Distributions
The Eastside Park Historic District in Paterson, New Jersey, exhibits a Moderate Diversity profile with a Hispanic plurality as of 2022. The neighborhood's population is 9,511, with a median income of $83,656. The district is known for its late 19th and early 20th-century architecture, featuring Victorian, Queen Anne, and Colonial Revival styles.
Over the past decade, the Eastside Park Historic District has undergone a demographic transformation. In 2013, the neighborhood had Moderate Diversity with a White plurality (38%). By 2022, it shifted to a Hispanic plurality (42%), while maintaining its Moderate Diversity classification. The White population declined from 38% in 2013 to 26% in 2022, while the Hispanic population increased from 30% to 42%. The Black population remained relatively stable, changing from 28% to 24%, and the Asian population increased slightly from 3% to 5%.
The median income in the neighborhood has remained relatively stable over the past decade, with some fluctuations. In 2013, it was $84,949, reaching its lowest point in 2018 at $80,538, and recovering to $83,656 in 2022. Despite demographic shifts, the median income has only slightly decreased by about 1.5% over 9 years, suggesting that the changing racial composition has not significantly impacted the overall economic status of the neighborhood.
Population growth has been substantial, increasing from 8,607 in 2013 to 9,511 in 2022, a growth of about 10.5%. This population increase, coupled with the stable median income, suggests that the neighborhood remains attractive to new residents while maintaining its economic character.
The demographic shifts observed in the Eastside Park Historic District align with broader trends seen in many urban areas across the United States, where Hispanic populations are growing and becoming more prominent. This trend is particularly notable in the Northeast, where traditionally White-majority areas are becoming more diverse.
The stability of median income in this neighborhood differs from some national trends where demographic shifts have been associated with changes in neighborhood economic profiles. This stability might be attributed to the historic nature of the district, which could be attracting a diverse but economically similar population interested in its unique architectural character.
The population growth in this neighborhood contrasts with some urban trends where historic districts sometimes face population decline. This growth suggests that the Eastside Park Historic District has successfully balanced preservation with attractiveness to new residents, maintaining its appeal across changing demographics.
The Eastside Park Historic District exemplifies a Transitional Community that has maintained its economic stability while undergoing significant demographic changes. This balance of change and stability could serve as a case study for urban planners and policymakers looking at ways to manage demographic shifts while preserving neighborhood character and economic vitality.