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Demographic Trends in Fifth Mad: A Study of Racial Composition from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Fifth Mad, a Manhattan neighborhood, is predominantly White with a 2022 median income of $124,102. The area has shown increasing diversity over the past decade. In 2013, Fifth Mad was categorized as Low Diversity with a 77% white population. By 2022, the white population decreased to 61%, indicating a transition towards Moderate Diversity.
The most significant changes include an increase in the Asian population from 8% in 2013 to 19% in 2022, a fluctuation in the Hispanic population between 6-12%, and a small increase in the Black population, reaching 5% in 2022. These shifts suggest Fifth Mad is becoming a Transitional Community, moving from homogeneity to diversity.
The median income in Fifth Mad has fluctuated over the years. In 2013, it was $155,918, dropping to $103,243 in 2014. It has generally increased since then, reaching $141,008 in 2021 before decreasing to $124,102 in 2022. Periods of increased diversity appear to correlate with economic growth, suggesting the neighborhood attracts high-earning professionals from diverse backgrounds.
The population has remained relatively stable, fluctuating between 350 and 485 residents over the decade. This stability, combined with increasing diversity and generally rising incomes, may indicate a gradual turnover of residents.
The trends in Fifth Mad align with patterns seen in many U.S. urban centers, particularly in high-income areas. The gradual increase in diversity, especially among Asian and Hispanic populations, reflects national trends of increasing minority representation in affluent neighborhoods.
Fifth Mad's median income sets it apart from national averages. The 2022 median income of $124,102 is significantly higher than the national median household income of approximately $70,784 in 2021. The stable population numbers despite changing demographics suggest a controlled and likely expensive housing market, typical of prime Manhattan locations.
Fifth Mad represents evolving urban demographics in a high-income setting. While remaining a White Majority area, its transition towards Moderate Diversity and status as a Transitional Community reflect broader national trends. The area's economic resilience, evidenced by its consistently high median income, suggests these demographic shifts are occurring within a context of sustained economic prosperity.
