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Racial Demographics and Economic Status in Old Town Triangle, Chicago
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Old Town Triangle, a neighborhood in Chicago, Illinois, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The area has a median income of $113,528 and a population of 7,696. Old Town Triangle is characterized by historic charm, tree-lined streets, and well-preserved Victorian-era buildings.
Over the past decade, Old Town Triangle has maintained its status as a "Low Diversity" community with a "White Majority." The percentage of white residents has remained above 75% throughout the period, ranging from 77% to 83%. The Asian population increased from 5% in 2013 to 8% in 2022. The black population decreased from 6% in 2013 to 4% in 2022. The Hispanic population remained relatively stable, fluctuating between 3% and 5% throughout the decade.
The neighborhood has experienced economic growth over the past decade. The median income rose from $103,842 in 2013 to $113,528 in 2022, an increase of about 9.3% over nine years. The population grew from 7,446 in 2013 to 7,696 in 2022, an increase of about 3.4%.
Old Town Triangle's demographic and economic trends differ from broader Chicago trends. While Chicago is known for its diversity, with significant black, Hispanic, and Asian populations, Old Town Triangle remains predominantly white. The median household income in Chicago was about $62,097 in 2020, less than half of Old Town Triangle's figure. The stability of Old Town Triangle's demographics and high income levels suggest it has long been an established affluent area, unlike some Chicago neighborhoods experiencing rapid gentrification and demographic shifts.
Old Town Triangle shows signs of slow diversification, particularly with growth in its Asian population, but remains a predominantly white, high-income enclave. The neighborhood's economic strength and stable demographics suggest it will likely maintain its character in the near future, though ongoing trends may gradually increase its diversity over time.
