PR Newswire, February 17, 2021, Half of Homes In Seattle and Washington, D.C. Are In Economically Integrated Neighborhoods — a Bigger Share Than Other Major U.S. Cities
Technology-powered real estate brokerage. Economically integrated neighborhoods are areas with roughly equal numbers of affordable and high-end homes. These neighborhoods are more common in cities like Seattle, Washington, D.C., Boston and Denver than in cities like Los Angeles, Detroit and Oklahoma City.
Gentrification could be playing a role in making once-affordable D.C. neighborhoods appear economically integrated. While Washington, D.C. recently fell to 13th place from 1st place on the National Community Reinvestment Coalition’s ranking of the most intensely gentrifying cities, the region continues to experience gentrification and displacement.
About half (49.5%) of Washington, D.C.’s homes in 2020 were located in economically integrated neighborhoods, little changed from 2016. However, during the same period, the share of homes that are in high-end neighborhoods decreased from 32.0% to 15.0%, and the share of homes that are in affordable neighborhoods increased from 18.6% to 35.5%.
