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Population Density and Demographic Trends in Margate Park, Chicago: 2010-2022
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
Margate Park, Chicago, Illinois, exhibited significant population changes from 2010 to 2022. The neighborhood's population density was 27,828.97 people per square mile in 2022, categorizing it as a dense urban area.
The population of Margate Park increased steadily from 2010 to 2017, reaching a peak of 8,012 residents in 2017. This growth period may have been due to the neighborhood's increasing appeal.
Following 2017, the area experienced a gradual population decline. The most substantial decrease occurred between 2020 and 2022, with the population reducing from 7,774 to 6,843 residents. Various factors could have contributed to this trend.
Despite recent population decrease, Margate Park maintains a high population density, suggesting a predominance of vertical living arrangements. The estimated 2,622 housing units for the 2022 population indicate a mix of household sizes.
The neighborhood's high density implies a lifestyle characterized by proximity to urban amenities. Residents of Margate Park likely have easy access to public transportation, dining options, and cultural attractions.
Margate Park's location near Lake Michigan may contribute to its appeal, potentially offering residents scenic views and recreational opportunities.
The population dynamics of Margate Park reflect broader trends seen in many urban areas. Factors such as economic conditions, housing market changes, and shifting demographic preferences can lead to fluctuations in neighborhood populations.
