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Demographics
Population
Median Income
Racial Distributions
Old Mill Basin, a Brooklyn neighborhood, has undergone significant demographic changes from 2013 to 2022. The community transitioned from a Black Majority to a Black Plurality with increased diversity. In 2022, the population was 2,744 with a median income of $83,908.
The Black population decreased from 45% in 2013 to 42% in 2022. Concurrently, the Asian population increased from 5% to 13%, and the White population grew from 35% to 40%. The Hispanic population fluctuated, peaking at 14% in 2018 before declining to 3% by 2022.
The demographic shifts correlate with economic changes. The median income rose from $67,305 in 2013 to $83,908 in 2022, a 24.6% increase. This income growth coincides with the increasing diversity, particularly the growth in Asian and White populations.
The population remained relatively stable over the decade, with minor fluctuations. The economic improvements suggest the neighborhood has become more attractive to higher-income residents across various racial groups.
The trends in Old Mill Basin reflect broader patterns in urban areas, where increasing diversity often correlates with rising income levels. Old Mill Basin's median household income of $83,908 in 2022 exceeds Brooklyn's overall median of approximately $71,000, indicating it is a relatively affluent neighborhood within the borough.
The transition from a Black Majority to a more diverse community with a rising Asian population is consistent with demographic shifts seen in many parts of New York City. This transformation reflects broader urban trends of increasing diversity and economic development, potentially positioning Old Mill Basin as an increasingly attractive area within Brooklyn for a variety of residents.