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Demographic Shifts and Racial Diversity in Albany Terrace, California
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Albany Terrace, a neighborhood in Albany, California, exhibits a "White Majority" demographic profile with a median income of $138,997 as of 2022. This community has transitioned from a low diversity area to one with increasing representation from various racial groups over the past decade. Albany Terrace's proximity to the University of California, Berkeley, likely influences its demographic composition and economic characteristics.
In 2013, Albany Terrace was categorized as "Low Diversity" with a white population of 66%. By 2022, the white population decreased to 62%, while Asian and Hispanic populations grew, reaching 14% and 9% respectively. The "Two or More Races" category increased from 4% in 2013 to 11% in 2022, indicating a trend towards a more mixed community. This shift suggests Albany Terrace is becoming a "Transitional Community," moving away from its previously homogeneous makeup.
The demographic changes in Albany Terrace correlate with economic growth. The median income rose from $116,077 in 2013 to $138,997 in 2022, an increase of about 20%. This trend suggests that the increasing diversity has been accompanied by economic prosperity. There was a peak in median income in 2021 at $167,187, followed by a decrease in 2022. The population has grown from 1,515 in 2013 to 1,700 in 2022, a 12% increase.
The trends observed in Albany Terrace align with patterns seen in many affluent suburbs near major universities and tech hubs. The increase in Asian population and those identifying as two or more races is consistent with demographic shifts in other parts of the San Francisco Bay Area. The neighborhood's economic growth outpaces the national average, reflecting the robust economy of the Bay Area. However, the recent dip in median income from 2021 to 2022 might indicate that even affluent areas are not immune to broader economic challenges.
Albany Terrace represents changing demographics in affluent, education-centric communities. Its transition from low diversity to moderate diversity, coupled with economic growth, reflects broader trends of increasing multiculturalism and economic dynamism in desirable urban and suburban areas, particularly those associated with prestigious universities and tech corridors.
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