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Demographics
Population
Median Income
Racial Distributions
Tri-Taylor, a neighborhood in Chicago, Illinois, exhibits moderate diversity with no clear racial majority as of 2022. Hispanic and Black populations each comprise 29% of residents, while White residents make up 27%. The median income in 2022 was $62,473, indicating a middle-class urban area. Tri-Taylor's proximity to the Illinois Medical District likely influences its demographic and economic characteristics.
Over the past decade, Tri-Taylor has undergone a significant transformation in its racial composition. In 2013, the neighborhood had a Black plurality, with 40% of the population identifying as Black. By 2022, the community had shifted to a more balanced moderate diversity classification. This transition is marked by a decline in the Black population percentage from 40% to 29% and an increase in Hispanic and White populations.
The Asian population has remained relatively stable at 11-14% throughout the period. The emergence of a small but growing "Two or More Races" category, increasing from 1% to 3%, further underscores the trend towards increased diversity.
The demographic shifts in Tri-Taylor correlate with changes in median income. From 2013 to 2022, the median income increased from $47,638 to $62,473, representing a 31% growth. This economic improvement coincides with the increasing diversity of the neighborhood, suggesting that the influx of diverse populations may have contributed to economic vitality.
The population of Tri-Taylor has remained relatively stable over this period, fluctuating between 5,500 and 6,100 residents. This stability in population size, coupled with increasing diversity and rising incomes, points to a gradual process of neighborhood change rather than rapid gentrification or displacement.
The trends observed in Tri-Taylor reflect broader patterns seen in many urban areas across the United States. The shift towards greater diversity, particularly the growth in Hispanic and multiracial populations, aligns with national demographic trends. The increase in median income is also consistent with the economic recovery and growth experienced in many urban areas following the 2008 recession.
Tri-Taylor's relatively balanced racial composition sets it apart from many Chicago neighborhoods, which often exhibit more pronounced racial majorities or pluralities. This level of diversity, combined with its proximity to the Illinois Medical District, may position Tri-Taylor as an attractive area for professionals and families seeking a diverse urban environment with good economic prospects.
Tri-Taylor's evolution over the past decade showcases a transition from a community with a clear racial plurality to one of moderate diversity, accompanied by significant economic growth. This transformation reflects broader urban trends while maintaining a unique character shaped by its location and balanced demographic composition.