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Population Dynamics and Density in Chicago's Lakewood-Balmoral Neighborhood: 2010-2022
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
The Lakewood-Balmoral neighborhood in Chicago, Illinois, experienced population fluctuations from 2010 to 2022. The population peaked at 2,033 residents in 2011, followed by a decline to 1,825 in 2013. Subsequently, the population stabilized with minor fluctuations, reaching 1,848 residents in 2022.
The neighborhood consistently maintained a population density exceeding 19,000 people per square mile throughout the observed period. This high density is indicative of a compact urban environment, typical of many Chicago neighborhoods. The density suggests a prevalence of multi-unit dwellings, likely including a mix of low-rise and mid-rise apartment buildings, and some townhouses.
In 2022, the neighborhood had an estimated 708 housing units. Considering the national average household size of 2.61 persons, Lakewood-Balmoral may have a slightly lower average household size than the national average. This could indicate a higher proportion of single-person households or smaller families, which is common in urban areas.
The high density and urban character of Lakewood-Balmoral likely result in a lifestyle emphasizing walkability, with access to public transportation, local businesses, and community amenities. Residents probably benefit from urban conveniences such as nearby restaurants, shops, and cultural attractions, while also experiencing a sense of community due to the relatively stable population.
Lakewood-Balmoral is known for its historic character, featuring many well-preserved homes from the early 20th century. This architectural heritage may contribute to the neighborhood's appeal and potentially explain the relative stability in population numbers despite observed fluctuations.
A slight increase in population from 1,818 in 2021 to 1,848 in 2022 might indicate a small positive trend in the neighborhood's attractiveness. This could be due to urban renewal efforts or changes in the local economic landscape. However, this increase is minor and would require observation over a longer period to determine if it represents a significant trend.
Lakewood-Balmoral presents as a densely populated urban neighborhood with a relatively stable population base. The data suggests a community that has maintained its appeal over time, with minor fluctuations typical of dynamic urban environments.
