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Demographics
Population
Median Income
Racial Distributions
Belmont Gardens, a neighborhood in Chicago, Illinois, currently presents as a Hispanic Majority community with a moderate level of diversity. As of 2022, the neighborhood has a population of 11,180 and a median income of $53,746. Belmont Gardens is known for its mix of residential and industrial areas, reflecting Chicago's broader urban landscape.
Over the past decade, Belmont Gardens has consistently maintained its status as a Hispanic Majority community. The Hispanic population has remained the dominant group, though it has slightly decreased from 82% in 2013 to 74% in 2022. This slight decline suggests a gradual shift towards increased diversity, though not enough to change its overall categorization. The neighborhood has seen a small but notable increase in its Asian population, growing from 3% in 2013 to 5% in 2022. The White population has also seen a modest increase from 13% to 17% over the same period. These changes indicate a trend towards Moderate Diversity, although the Hispanic majority remains strong.
The median income in Belmont Gardens has shown an overall upward trend, rising from $50,544 in 2013 to $53,746 in 2022, with a significant spike to $63,032 in 2021. This general increase in median income correlates with the slight diversification of the neighborhood's racial composition, suggesting that economic improvements may be attracting a more diverse population. However, it is worth noting that the population has decreased from 13,331 in 2013 to 11,180 in 2022. This population decline, coupled with income growth, might indicate a gentrification process, where some lower-income residents are being displaced by higher-income newcomers from diverse backgrounds.
The trends observed in Belmont Gardens reflect broader patterns seen in many urban areas across the United States. Many cities are experiencing increased diversity, particularly with growth in Asian and Hispanic populations. The slight decrease in the Hispanic majority, while still maintaining a strong presence, is consistent with national trends of Hispanic population growth slowing in traditional gateway cities like Chicago.
The economic improvements, as evidenced by the rising median income, align with the overall economic recovery and growth experienced in many urban areas post-2008 recession. However, the population decline in Belmont Gardens contrasts with the general trend of urban population growth seen in many U.S. cities over the past decade.
The neighborhood's transition towards moderate diversity, while maintaining a Hispanic majority, represents a microcosm of demographic shifts occurring in many urban neighborhoods. It highlights the complex interplay between racial composition, economic factors, and population dynamics in shaping the character and development of urban communities.