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Demographics
Population
Median Income
Racial Distributions
Greektown, a neighborhood in Chicago, Illinois, presents a demographic profile categorized as a "White Majority" community, with 62% of the population identifying as white in 2022. The neighborhood has a significant Asian population (24%) and a growing Hispanic presence (9%). Greektown is known for its Greek heritage, evident in its Greek restaurants and cultural festivals.
Over the past decade, Greektown has undergone a demographic transformation. In 2013, the neighborhood was classified as having "Low Diversity," with white residents comprising 70% of the population. By 2022, this had shifted towards "Moderate Diversity," with the white population decreasing to 62% and other groups gaining representation.
The most significant change has been the growth of the Asian population, which increased from 18% in 2013 to 24% in 2022. This trend suggests a transition towards a more diverse community. The neighborhood experienced a brief period where it could have been categorized as "Majority-Minority" around 2018, when the white population dipped to 56%. However, this trend reversed slightly in subsequent years.
The demographic shifts in Greektown have coincided with fluctuations in median income. The median income peaked in 2019 at $158,975, coinciding with the period of greatest racial diversity. There was a significant drop in 2020 to $124,103. Despite this decline, the median income has remained relatively high, suggesting that the neighborhood continues to attract affluent residents across various racial groups.
The population of Greektown has grown steadily over the decade, from 885 in 2010 to 1,919 in 2022. This population growth, coupled with the increasing diversity, indicates that the neighborhood is becoming more attractive to a wider range of residents.
The trends observed in Greektown reflect broader patterns of increasing diversity in urban areas across the United States. Many city neighborhoods are experiencing similar shifts towards greater racial and ethnic diversity, particularly with growth in Asian and Hispanic populations.
Greektown's economic resilience, as evidenced by its consistently high median income even during periods of demographic change, sets it apart from some other diversifying neighborhoods that might experience economic challenges during such transitions.
The neighborhood's evolution from "Low Diversity" to "Moderate Diversity" while maintaining a "White Majority" status suggests a gradual and stable integration process. This contrasts with more dramatic demographic shifts seen in some rapidly gentrifying areas of other major cities.
Greektown exemplifies a neighborhood in transition, moving towards greater diversity while maintaining its economic strength. The interplay between its traditional Greek cultural identity and the influx of new residents from various backgrounds presents both opportunities and challenges for community cohesion and cultural preservation.