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Demographics
Population
Median Income
Racial Distributions
Sheffield Neighbors in Chicago, Illinois, is characterized as a White Majority community with a high median income. As of 2022, the neighborhood exhibits low diversity, with 78% of the population identifying as white. The area has a median income of $161,365 in 2022, which is significantly higher than the national average. Sheffield Neighbors is located near DePaul University, potentially influencing its demographic composition and economic status.
Over the past decade, Sheffield Neighbors has maintained its status as a White Majority community. From 2013 to 2022, the white population decreased slightly from 79% to 78%. The Asian population increased from 5% in 2013 to 6% in 2022, with a peak of 8% in 2018. The Black population remained relatively constant between 4-5% throughout the decade. The Hispanic population saw a small increase from 9% in 2013 to 9% in 2022, with fluctuations in between. These changes suggest a slow trend towards increased diversity.
The economic trajectory of Sheffield Neighbors has been upward. The median income increased from $89,120 in 2013 to $161,365 in 2022, an increase of over 81%. The neighborhood reached its highest median income of $181,931 in 2021, before slightly decreasing in 2022. The population remained relatively stable, growing from 10,687 in 2013 to 11,007 in 2022. The increasing median income correlates with the maintenance of the white majority status, potentially indicating that the area has become increasingly desirable to high-income white residents.
The median income in Sheffield Neighbors ($161,365 in 2022) is significantly higher than the national median household income (which was around $70,784 in 2021), highlighting the affluent nature of this neighborhood. The neighborhood's racial makeup differs significantly from Chicago as a whole. As of 2020, Chicago's population was approximately 33% white, 29% Black, 29% Hispanic, and 7% Asian, making Sheffield Neighbors much less diverse than the city at large. The increasing median income and stable white majority population could be indicative of gentrification processes seen in many urban areas across the United States, where historically diverse neighborhoods become increasingly white and affluent.
Sheffield Neighbors has maintained its status as a White Majority community with low diversity over the past decade. Subtle shifts in racial composition and significant increases in median income suggest a trend towards increased affluence and potentially slow diversification. These changes reflect broader urban trends of gentrification and income inequality seen in many major U.S. cities.