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Demographics
Population
Median Income
Racial Distributions
Sherman Oaks, a neighborhood in Los Angeles, California, exhibits a White Majority demographic composition with a median income of $99,654 as of 2022. The area has maintained a relatively stable racial composition over the past decade, though subtle shifts are evident. The neighborhood's economic status places it above the national median income.
Throughout the 2013-2022 period, Sherman Oaks has consistently maintained a White Majority status, with the white population comprising over 60% of residents. The white population has gradually decreased from 69% in 2013 to 64% in 2022. The Hispanic population has increased from 14% in 2013 to 17% in 2022. The Asian population has remained relatively stable at around 7-8%. The Black population has slightly increased from 4% to 5%. The category of "two or more races" has grown from 4% to 6%.
The median income in Sherman Oaks has shown overall growth, with some fluctuations. From 2013 to 2022, the median income increased from $91,574 to $99,654, representing an 8.8% growth over nine years. There was a spike in 2021 to $107,917, followed by a decrease in 2022. The population has remained relatively stable, with a slight decrease from 72,589 in 2013 to 73,668 in 2022.
The increasing median income correlates with the maintained White Majority status and could be a factor in the slow pace of demographic change. Higher property values and living costs associated with rising incomes may impact the rate at which the neighborhood diversifies.
Sherman Oaks' demographic trends align with broader patterns observed in many affluent urban and suburban areas across the United States. Gradual increases in diversity, particularly growth in Hispanic and multiracial populations, reflect national demographic shifts. The maintained high median income and slow pace of demographic change are characteristic of established, desirable neighborhoods that tend to have higher barriers to entry for new residents. The slight decrease in the white population percentage, while maintaining majority status, is consistent with trends seen in many major metropolitan areas.
In comparison to Los Angeles as a whole, which has a Hispanic Plurality, Sherman Oaks represents a pocket of relative demographic stability within a highly diverse city. This contrast highlights the neighborhood's distinct character and the economic factors that influence its demographic composition.