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Demographics
Population
Median Income
Racial Distributions
Inwood, a neighborhood in Manhattan, New York, maintains a Hispanic Majority demographic profile with a median income of $62,620 as of 2022. The area is characterized by its Dominican community and parks, including Inwood Hill Park, which contains Manhattan's last natural forest.
From 2013 to 2022, Inwood has consistently remained a Hispanic Majority neighborhood. The Hispanic population has slightly decreased from 75% in 2013 to 70% in 2022, indicating gradual diversification. The White population increased from 17% to 19%, while the Asian population grew from 2% to 3%. The Black population remained relatively stable between 4% and 6%.
The median income in Inwood has increased from $46,053 in 2013 to $62,620 in 2022, a 36% rise. The population has remained stable, with 40,830 residents in 2022 compared to 40,652 in 2013, suggesting limited gentrification-driven displacement despite rising incomes.
The trends in Inwood reflect patterns seen in many urban neighborhoods across the United States. The gradual diversification and rising incomes are often associated with early stages of gentrification. However, the stability of the Hispanic population and overall population numbers suggests that Inwood has maintained its cultural character while experiencing economic growth.
Compared to wider Manhattan trends, Inwood's demographic shifts have been more gradual. Many parts of Manhattan have experienced rapid gentrification and significant demographic changes, while Inwood appears to be changing at a slower pace, maintaining its distinct cultural identity.
The income growth in Inwood, while substantial, still leaves the neighborhood below the median income for Manhattan as a whole, which was reported to be around $93,000 in 2020. This suggests that while economic improvements are occurring, Inwood remains a relatively affordable area within the borough.
Inwood presents a case of a neighborhood experiencing gradual economic improvement and slight diversification while maintaining its core Hispanic Majority status. This balance between change and stability could offer insights for urban planners and policymakers seeking to promote economic growth without displacing long-term residents or eroding cultural identities.