Check out the rest of our series on gentrification in Highland Park at YorkAndFig.com
This summer, Marketplace’s Wealth and Poverty team opened a bureau — not in a large city like Chicago or Atlanta, but in a neighborhood called Highland Park that’s about 10 miles north of Marketplace HQ in Downtown Los Angeles.
Unless you’ve lived in LA, you’ve probably never heard of it, but you probably have your own Highland Park. It’s a working-class neighborhood that became popular, fast. People with money started in, new businesses started opening up, and everything started to change.
Home values have increased since 2009:
…And are projected to keep rising through 2019:
Rent has increased, too, by about 30 percent:
The net worth of residents is rising:
And the population of Highland Park has decreased:
But, as of 2012 (the latest Census data available), the Latino population has remained constant: