![]() ![]() Cities with high percentages of eligible gentrifying neighborhoods 2000-2013 The continuation of a robust real estate market since 2013 means it is likely that this trend is continuing to this day. Nearly half the neighborhoods in the city were eligible for gentrification in 2000, and 41 percent of those neighborhoods gentrified by 2013, displacing more than 20,000 people. Washington, D.C., had the highest percentage of gentrifying neighborhoods. Shifting neighborhoods: Gentrification and cultural displacement in American cities Seven cities accounted for nearly half of the gentrification nationally: New York City, Los Angeles, Washington, D.C., Philadelphia, Baltimore, San Diego and Chicago. ![]() It highlights how gentrification and cultural displacement have unfolded in American cities, while many low-income small towns and rural neighborhoods remain starved of investment. Census Bureau and economic data, lends weight to what critics say is a concentration not only of wealth, but of wealth-building investment, in just a handful of the nation’s biggest metropolises, while other regions of the country languish. In 230 of those neighborhoods, rapidly rising rents, property values and taxes forced more than 135,000 residents to move away. The study, from the National Community Reinvestment Coalition (NCRC), identified more than 1,000 neighborhoods in 935 cities and towns where gentrification occurred between 20. Gentrification and displacement of long-time residents is most intense in the nation’s biggest cities, and rare in most other places, a new study shows. ![]()
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