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Demographics
Population
Median Income
Racial Distributions
Walnut Hill, a neighborhood in Philadelphia, Pennsylvania, currently exhibits characteristics of a Majority-Minority community with a Black Plurality. As of 2022, the neighborhood has a population of 5,829 and a median income of $40,696. Walnut Hill is located in proximity to the University of Pennsylvania and Drexel University.
Over the past decade, Walnut Hill has undergone a significant transformation in its racial composition. In 2013, the neighborhood was categorized as having Low Diversity, with a Black Majority (76% of the population). By 2022, the community transitioned to a Majority-Minority status with a Black Plurality (59% Black). This shift is attributed to a decrease in Black population share from 76% in 2013 to 59% in 2022, an increase in White population share from 18% in 2013 to 29% in 2022, growth in Asian population from 2% in 2013 to 5% in 2022, and a slight increase in Hispanic population from 3% in 2013 to 4% in 2022.
The demographic shifts in Walnut Hill correlate with significant changes in median income. In 2013, the median income was $30,438, which increased to $40,696 in 2022. This represents a 33.7% increase in median income over the decade. The income growth appears to coincide with the increasing diversity of the neighborhood, particularly the growth in White and Asian populations.
Population figures have remained relatively stable, fluctuating between 5,400 and 6,300 throughout the decade. This stability in population size, combined with changing demographics and rising incomes, suggests a gradual replacement of residents rather than a significant influx of new inhabitants.
The trends observed in Walnut Hill align with broader patterns seen in many urban areas across the United States, particularly those near universities or in cities experiencing revitalization. The shift from a predominantly Black neighborhood to a more diverse community with rising incomes is reminiscent of gentrification patterns observed in cities like Washington D.C., Brooklyn, and parts of Chicago.
Nationally, the median household income grew by about 10% between 2013 and 2022 (adjusted for inflation). Walnut Hill's 33.7% growth significantly outpaces this national trend, indicating a more rapid economic transformation. The increasing diversity in Walnut Hill also reflects broader national trends towards more multiracial communities, especially in urban areas.
Walnut Hill exemplifies a neighborhood in transition, moving from Low Diversity to Majority-Minority status with increasing economic prosperity. This transformation brings both opportunities and challenges, potentially affecting long-term residents and community dynamics. The neighborhood's evolution will likely continue to be influenced by its proximity to educational institutions and broader urban development trends in Philadelphia.