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Demographics
Population
Median Income
Racial Distributions
The Pearl District in Portland, Oregon, is a Moderate Diversity community with a White Majority. As of 2022, the neighborhood has a population of 10,062 and a median income of $102,519. This area has transformed from an industrial zone to a mixed-use neighborhood with art galleries, boutique shops, and high-end condominiums.
Over the past decade, the Pearl District has transitioned from Low Diversity to Moderate Diversity. In 2013, the white population comprised 83% of residents. By 2022, the white population decreased to 74%, while other racial groups increased. The Asian population grew from 6% to 9%, the Black population from 2% to 6%, the Hispanic population from 2% to 6%, and those identifying as two or more races from 1% to 5%.
The demographic shifts in the Pearl District correlate with economic changes. The neighborhood's population has increased from 4,934 in 2010 to 10,062 in 2022. Median income has risen from $81,531 in 2013 to $102,519 in 2022, a 25.7% increase. These changes suggest ongoing gentrification, attracting a more diverse, affluent population to this urban area.
The Pearl District's transformation aligns with trends seen in many urban centers across the United States. The area has undergone significant redevelopment, attracting young professionals and empty nesters seeking an urban lifestyle. The trend towards greater diversity in the Pearl District reflects national patterns of increasing racial and ethnic diversity in urban cores, particularly among younger demographics.
The high and rising median income in the Pearl District may not reflect the economic reality for all residents. The rapid increase in property values and rents associated with gentrification can lead to displacement of long-term, lower-income residents. Portland's growing tech sector may be contributing to the influx of high-income residents and the increasing Asian population in the Pearl District, similar to trends seen in other tech hubs.
The Pearl District exemplifies a neighborhood in transition, moving from a predominantly white, post-industrial area to a more diverse, affluent urban community. This transformation brings economic growth and vitality, but also raises questions about affordability and inclusion that are common in rapidly gentrifying neighborhoods across the United States.