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Demographics
Population
Median Income
Racial Distributions
Greenwich, a neighborhood in Philadelphia, Pennsylvania, currently exhibits a Moderate Diversity profile with a Hispanic plurality. As of 2022, the neighborhood's population is 2,065, with a median income of $51,438. Greenwich has undergone significant demographic shifts over the past decade, transitioning from a more balanced racial composition to its current state. This neighborhood is known for its proximity to the Delaware River waterfront and its mix of residential and industrial areas, which have likely played a role in its evolving demographics.
In 2013, Greenwich displayed characteristics of High Diversity, with no racial group exceeding 40% and at least three groups (White, Asian, and Black) having significant representation above 10%. Over the years, the neighborhood transitioned through various stages of diversity. From 2013 to 2016, Greenwich maintained a relatively balanced racial composition, with White, Asian, Black, and Hispanic populations all having significant representation. From 2017 to 2020, the White population increased to nearly 50%, while other groups decreased slightly, moving the neighborhood closer to a White Plurality status. In 2021 to 2022, a significant increase in the Hispanic population shifted the neighborhood to a Hispanic Plurality, while maintaining Moderate Diversity overall.
The demographic shifts in Greenwich correlate with fluctuations in median income. During the High Diversity period from 2013 to 2016, median income remained relatively stable, ranging from $37,924 to $41,450. As the neighborhood moved towards a White Plurality from 2017 to 2020, median income increased, peaking at $50,033 in 2019. The transition to a Hispanic Plurality in 2021 to 2022 coincided with a significant spike in median income to $79,191 in 2021, followed by a sharp decrease to $51,438 in 2022.
The demographic evolution of Greenwich reflects broader trends seen in many urban neighborhoods across the United States. The growth in the Hispanic population aligns with national trends of increasing Hispanic representation in urban areas. The period of increasing White population and rising median income suggests a pattern of gentrification, which is common in many urban neighborhoods nationwide. The dramatic changes in income and demographics from 2020 to 2022 may reflect broader societal shifts related to the COVID-19 pandemic, including changes in work patterns and housing preferences.
The overall population decrease from 3,117 in 2014 to 2,065 in 2022 suggests that Greenwich may be experiencing challenges similar to other urban neighborhoods, such as housing affordability issues or changing preferences for suburban living. Greenwich exemplifies the dynamic nature of urban neighborhoods, with its demographic and economic profile evolving significantly over the past decade. These changes reflect both local factors and broader societal trends, highlighting the complex interplay between race, economics, and urban development in American cities.