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Demographics
Population
Median Income
Racial Distributions
Waban, a neighborhood in Newton, Massachusetts, is characterized as a predominantly White Majority community with Low Diversity as of 2022. The area has a high median income of $176,825 in 2022, which is significantly above national averages. Waban is known for its affluent status within the greater Boston area.
Over the past decade, Waban has maintained its status as a White Majority community, but with notable changes. The white population decreased from 79% in 2013 to 70% in 2022, indicating a gradual shift towards increased diversity. The neighborhood is approaching Moderate Diversity, with the Asian population growing from 13% in 2013 to 18% in 2022, becoming the second-largest racial group. The percentage of residents identifying as two or more races increased from 1% in 2013 to 5% in 2022.
The demographic shifts correlate with economic changes. The median income has shown an upward trend, increasing from $154,994 in 2013 to $176,825 in 2022, with a peak of $194,685 in 2021. The population has grown from 7,509 in 2013 to 7,833 in 2022, suggesting the area's increasing attractiveness. Despite national economic challenges, Waban has maintained its high-income status.
Waban's demographic shifts align with broader trends seen in many affluent suburbs of major metropolitan areas. Like many suburbs nationwide, Waban is experiencing gradual diversification, particularly with growth in Asian populations. The consistently high median income in Waban reflects the growing income inequality seen in many parts of the United States, particularly in areas adjacent to major cities. The rate of demographic change in Waban is relatively slow compared to national trends, which is typical for established, high-income neighborhoods.
In conclusion, Waban remains a predominantly white, affluent neighborhood, but shows signs of a gradual transition towards greater diversity. This shift, coupled with consistently high income levels, suggests a community that is slowly evolving while maintaining its economic status. The changes in Waban reflect broader national trends of suburban diversification, particularly in high-income areas near major metropolitan centers.