West Bucktown? It’s the area that’s better known as Logan Square. Who’s going to live there? Let’s look at what the US Census Bureau has to say about the Census tract where the pictured development is located.
According to 2005 Census estimates, fewer than 3 in 10 area residents speak English at home — and even fewer than that seem to speak it on the street. That ratio is projected to drop between now and 2010. High school dropouts outnumber college graduates about 3 to 1.
Over seventy-five percent of the housing stock is rental. The population is highly transient: half the residents have moved to the area within the past 5 years. The median income of the area is about 80% of the citywide median.
Non-hispanic whites account for 21% of the population — a number that’s projected to drop to 18% in 2010.
Nearest El stop — 1.5 miles. Distance to Kennedy Expy: nearly 2 miles. Chances for neighborhood retail development: nil.
So, the new resident profile is: a poorly educated, lower-middle income non-English speaking renter, probably with a high tolerance for gang activity.