gentrification and view park - wordpress.com · 2018. 5. 12. · gentrification and view park. luis...

Gentrification and View Park

Luis Sinco/LA Times

Mostly-Black Neighborhoods with High Incomes● View Park● 1 each in Chicago, Detroit, Baltimore, and Brooklyn● 3 in Queens and 12 in the DC suburbs● None in:

○ Atlanta, Dallas, Houston, Kansas City, Miami, Philadelphia, San Francisco, St. Louis

(definition: above 80% black & black family income averages above $100,000)

View Park Incomes

Income in 2007

Income in 2014

Percent Change

Bottom 20% $12,670 $21,541 70%

Middle 20% $111,136 $104,298 -6%

Top 5% $456,612 $605,014 33%

Can neighborhood change be stopped?“What can you do to help save these neighborhoods? Start by telling your friends and family if they're looking for a place to live, support your black businesses in Leimert Park, and other black businesses in the neighborhoods. If you know a neighbor, friend, or family member who is contemplating on selling their home, convince them not to. Find people who can afford homes here and who are looking for a neighborhood to live in, put up signs on street poles to battle gentrification. Whatever you do, do not sell your home. ;)”

www.change.org/p/stop-gentrification/

View Park 2000 2007 2014 Change LA County 2000 2007 2014 ChangeAve inc of 1st quintile $12,670 $21,541 70.0% Ave inc of 1st quintile $14,794 $12,772 -13.7%Ave inc of 2nd quintile $52,666 $58,526 11.1% Ave inc of 2nd quintile $38,690 $34,857 -9.9%Ave inc of 3rd quintile $111,136 $104,298 -6.2% Ave inc of 3rd quintile $66,211 $61,308 -7.4%Ave inc of 4th quintile $164,783 $152,120 -7.7% Ave inc of 4th quintile $105,379 $100,442 -4.7%Ave inc of 5th quintile $314,890 $326,972 3.8% Ave inc of 5th quintile $248,351 $239,567 -3.5%

Ave inc of top 5% $456,619 $605,014 32.5% Ave inc of top 5% $461,221 $439,978 -4.6%Med Black HH Income $95,522 $121,722 $105,552 10.5% Med Black HH Income $47,858 $48,697 $43,746 -8.6%Med White HH Income $47,270 $273,100 $115,750 144.9% Med White HH Income $80,967 $85,127 $80,589 -0.5%

Black Population 4,958 4,922 -0.7% Black Population 930,957 831,313 -10.7%

White Population 192 477 148.4% White Population 2,687,787 2,959,614 10.1%

Latino Population 142 312 119.7% Latino Population 4,242,213 4,861,648 14.6%Median House Value $427,350 $818,520 $642,915 50.4% Median House Value $302,100 $626,280 $488,250 61.6%House Value Growth 9.73% -3.39% House Value Growth 10.98% -3.49%

YearView Park

LA County Difference

1979 $110,554 $86,794 27%1980 $126,894 $101,585 25%1981 $125,224 $110,398 13%1982 $137,330 $113,133 21%1983 $149,436 $115,578 29%1984 $155,560 $119,179 31%1985 $164,316 $125,925 30%1986 $178,180 $134,827 32%1987 $197,947 $149,025 33%1988 $231,577 $180,482 28%1989 $279,137 $224,686 24%1990 $304,841 $235,908 29%1991 $323,083 $231,799 39%1992 $318,638 $227,181 40%1993 $299,037 $210,801 42%1994 $286,854 $198,584 44%1995 $262,753 $189,830 38%1996 $260,288 $188,371 38%1997 $258,154 $191,298 35%1998 $284,311 $209,806 36%1999 $312,492 $222,612 40%

YearView Park

LA County Difference

2000 $335,266 $242,851 38%2001 $372,832 $265,795 40%2002 $421,277 $298,809 41%2003 $457,118 $333,844 37%2004 $568,070 $410,674 38%2005 $699,121 $515,504 36%2006 $793,722 $597,675 33%2007 $817,292 $596,966 37%2008 $685,932 $493,908 39%2009 $517,536 $417,925 24%2010 $518,288 $414,686 25%2011 $498,753 $395,566 26%2012 $496,243 $391,483 27%2013 $564,477 $429,401 31%2014 $642,915 $488,250 32%2015 $724,338 $514,678 41%2016 $808,569 $553,894 46%2017 $893,917 $598,764 49%

PopulationBlack 4,817White 477Two or more 338

Latino or HIspanic 312Asian 70Some other race 21