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West Old Town: A Hispanic Majority Neighborhood with Evolving Demographics and Economics
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
West Old Town in Albuquerque, New Mexico, is a Hispanic Majority neighborhood with moderate economic growth. As of 2022, the area has a 66% Hispanic population and a median income of $41,947. The neighborhood is characterized by its historic charm and cultural heritage, exemplified by the Old Town Plaza.
Over the past decade, West Old Town has maintained its status as a Hispanic Majority community. The Hispanic population has remained stable, ranging from 69% to 74% between 2013 and 2022. The White population decreased slightly from 28% in 2013 to 25% in 2022. A Black population of 6% emerged in 2022, and a small increase in individuals of two or more races was observed in recent years.
The median income in West Old Town has shown significant growth over the past decade. In 2013, it was $33,509, decreasing slightly to $30,667 in 2017, before rising to $41,947 in 2022. This represents a 25% increase from 2013 to 2022, indicating improving economic conditions for residents. The population has remained relatively stable, fluctuating between 2,400 and 2,900 residents throughout the decade.
The demographic stability of West Old Town contrasts with national trends of rapid urban diversification. The neighborhood's consistent Hispanic majority reflects New Mexico's unique cultural landscape with its long-standing Hispanic heritage.
The economic growth in West Old Town, while significant, may still lag behind national averages. The 2022 median income of $41,947 is below the national median household income of around $70,000 in 2021. However, the rate of growth is encouraging and may indicate improving opportunities for residents.
The emergence of a small Black population in 2022 is noteworthy and could signal the beginning of a trend towards greater diversity. This shift aligns with broader national patterns of increasing racial diversity in urban areas.
West Old Town demonstrates a pattern of economic growth while maintaining its strong Hispanic cultural identity. The neighborhood is evolving slowly, balancing tradition with gradual demographic and economic changes. This stability, combined with modest economic improvements, suggests a community that is preserving its cultural heritage while adapting to broader urban trends.
