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Demographic Shifts in East Hyde Park: A Study of Racial Diversity and Income Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
East Hyde Park, a neighborhood in Chicago, Illinois, currently exhibits a diverse demographic profile categorized as "Moderate Diversity." As of 2022, the neighborhood has a population of 8,881 with a median income of $60,887. East Hyde Park's proximity to the University of Chicago likely influences its demographic composition and economic characteristics.
Over the past decade, East Hyde Park has undergone significant demographic changes. In 2013, the neighborhood could be classified as having a "White Plurality," with whites making up 50% of the population. By 2022, the racial composition had shifted to a more balanced distribution, transitioning into the "Moderate Diversity" category. The Black population has remained a significant presence, decreasing slightly from 33% in 2013 to 30% in 2022. The Asian population has seen steady growth, increasing from 8% to 11% over the same period. The Hispanic population has remained relatively stable, fluctuating between 4-9% throughout the decade.
One notable trend is the increase in residents identifying as two or more races, rising from 2% in 2013 to 5% in 2022. This shift suggests that East Hyde Park is becoming a "Transitional Community," moving towards greater diversity.
The median income in East Hyde Park has shown considerable fluctuation over the past decade. From 2013 to 2019, there was a significant upward trend, with median income rising from $57,380 to $75,518, a 31.6% increase. There was a sharp decline in 2020 to $63,282. Since then, the median income has remained relatively stable, standing at $60,887 in 2022.
These economic changes appear to correlate with the demographic shifts. The period of increasing income (2013-2019) coincides with a slight decrease in the Black population and increases in the White and Asian populations. The population of East Hyde Park has also fluctuated, decreasing from 8,420 in 2010 to a low of 7,255 in 2016, before steadily increasing to 8,881 in 2022.
The demographic shifts in East Hyde Park mirror broader trends seen in many urban areas across the United States, particularly in university-adjacent neighborhoods. The increase in diversity, especially the growth in multiracial residents, aligns with national trends showing a rise in people identifying as two or more races.
The economic fluctuations, particularly the sharp decline in 2020, likely reflect the wider economic impacts of the COVID-19 pandemic, which affected urban areas across the country. The relative stability of the median income since 2020 suggests some resilience in the local economy, possibly due to the stabilizing influence of the nearby University of Chicago.
East Hyde Park has evolved from a neighborhood with a White plurality to one of moderate diversity over the past decade. This transition has been accompanied by significant economic changes, reflecting broader urban trends of gentrification and increasing diversity. The neighborhood's proximity to a major university likely contributes to its demographic and economic dynamics.
