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Demographics
Population
Median Income
Racial Distributions
Hollywood Park, a neighborhood in Chicago, Illinois, exhibits a Moderate Diversity demographic profile with a significant Asian population (34%) and White population (37%) as of 2022. The neighborhood has transitioned from a White Plurality to a more diverse community over the past decade. Hollywood Park's median income was $62,264 in 2022, representing a middle-class urban area.
In 2013, Hollywood Park had a White Plurality, with the white population at 48% and Asian population at 31%. By 2022, the neighborhood transitioned towards Moderate Diversity. The Asian population grew to 34%, while the White population decreased to 37%. This shift is part of a Transitional Community trend, with increasing representation from Hispanic and multi-racial residents.
The Hispanic population increased from 18% in 2013 to 22% in 2022, while those identifying as two or more races rose from 1% to 3%. This trend towards greater diversity aligns with broader patterns of demographic change in many urban areas across the United States.
The median income in Hollywood Park increased from $54,092 in 2013 to $62,264 in 2022, representing a 15% growth over the decade. This economic improvement correlates with the increasing diversity of the neighborhood. The population experienced fluctuations, peaking at 6,973 in 2016 and declining to 5,968 by 2022.
The demographic shifts in Hollywood Park mirror broader trends seen in many urban areas across the United States, where traditionally white-majority neighborhoods are becoming more diverse. The growth in the Asian and Hispanic populations reflects national trends of increasing diversity in metropolitan areas.
The economic growth in Hollywood Park, with a 15% increase in median income over a decade, outpaces the national average. The U.S. median household income grew by about 6.8% between 2010 and 2020, adjusting for inflation. This suggests that Hollywood Park has experienced stronger economic growth than the national average.
The transition from a White Plurality to Moderate Diversity, coupled with economic growth, indicates that Hollywood Park has navigated demographic changes while maintaining and improving its economic status. This evolution suggests a neighborhood that has embraced diversity and potentially benefited from the cultural and economic contributions of its new residents.
Hollywood Park exemplifies a transitional urban community that has become more diverse over the past decade while experiencing economic growth. These changes reflect broader national trends towards increased diversity in urban areas and demonstrate the potential for demographic shifts to contribute positively to a neighborhood's socio-economic fabric.