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Demographics
Population
Median Income
Racial Distributions
The Hill neighborhood in Troy, New York, shows characteristics of a White Majority community. In 2022, 58% of the population identified as white. This percentage has been declining over the past decade, indicating a trend towards increased diversity. The neighborhood's median income was $60,767 in 2022, suggesting a moderate economic standing. The Hill is known for its historic architecture and proximity to Rensselaer Polytechnic Institute.
Over the past decade, The Hill has transitioned from a community with Low Diversity to one approaching Moderate Diversity. In 2013, the white population constituted 66% of the total. By 2022, this percentage decreased to 58%. Other racial groups, particularly Asian and Hispanic populations, increased. The Asian population grew from 14% to 16%, and the Hispanic population increased from 4% to 9%.
This shift suggests The Hill is becoming a Transitional Community, moving towards greater diversity. The increase in minority populations may be attributed to changing immigration patterns, the influence of the nearby university, or broader urban migration trends.
The median income in The Hill has shown volatility over the past decade. From $47,637 in 2015, it peaked at $87,447 in 2016 before settling at $60,767 in 2022. This fluctuation coincides with the demographic shifts, potentially indicating a relationship between racial composition and economic conditions.
The periods of higher median income (2016-2018) correspond with a relatively stable racial composition, while the recent decrease in median income aligns with increased diversity. This could suggest that newer, more diverse residents might be entering at lower income levels, possibly due to factors like student populations or changing job markets.
The demographic changes in The Hill reflect broader national trends of increasing diversity in urban areas. Many U.S. cities have experienced similar transitions from predominantly white populations to more diverse compositions over the past decade. The Hill's changes appear more pronounced than national averages, particularly in the growth of its Asian and Hispanic populations.
The economic fluctuations in The Hill are more volatile than typical national trends, which might be attributed to its characteristics as a university-adjacent neighborhood. The presence of students and academic professionals could contribute to both the increasing diversity and the economic variability.
The Hill is undergoing a demographic transformation, transitioning from a predominantly white community to one with increasing racial diversity. This shift, coupled with fluctuating economic indicators, suggests a neighborhood in flux, likely influenced by its proximity to an educational institution and broader urban demographic trends. As The Hill continues to evolve, it may face challenges and opportunities associated with increasing diversity and changing economic dynamics.