SoHo, sometimes written Soho, is a neighborhood in Lower Manhattan, New York City, which in recent history came to the public’s attention for being the location of many artists’ lofts and art galleries, but is now better known for its variety of shops ranging from trendy upscale boutiques to national and international chain store outlets. The area’s history is an archetypal example of inner-city regeneration and gentrification, encompassing socioeconomic, cultural, political, and architectural developments.
For census purposes, the New York City government classifies SoHo as part of a larger neighborhood tabulation area called SoHo-TriBeCa-Civic Center-Little Italy. Based on data from the 2010 United States Census, the population of SoHo-TriBeCa-Civic Center-Little Italy was 42,742, a change of 5,985 (14%) from the 36,757 counted in 2000. Covering an area of 581.62 acres (235.37 ha), the neighborhood had a population density of 73.5 inhabitants per acre (47,000/sq mi; 18,200/km). The racial makeup of the neighborhood was 66.1% (28,250) White, 2.2% (934) African American, 0.1% (30) Native American, 22.2% (9,478) Asian, 0% (11) Pacific Islander, 0.4% (171) from other races, and 2.6% (1,098) from two or more races. Hispanic or Latino of any race were 6.5% (2,770) of the population.
The entirety of Community District 2, which comprises SoHo and Greenwich Village, had 91,638 inhabitants as of NYC Health’s 2018 Community Health Profile, with an average life expectancy of 85.8 years. This is higher than the median life expectancy of 81.2 for all New York City neighborhoods. Most inhabitants are adults: a plurality (42%) are between the ages of 25–44, while 24% are between 45–64, and 15% are 65 or older. The ratio of youth and college-aged residents was lower, at 9% and 10% respectively.
As of 2017, the median household income in Community Districts 1 and 2 (including the Financial District and Tribeca) was $144,878, though the median income in SoHo individually was $124,396. In 2018, an estimated 9% of SoHo and Greenwich Village residents lived in poverty, compared to 20% in all of Manhattan and 20% in all of New York City. One in twenty-five residents (4%) were unemployed, compared to 7% in Manhattan and 9% in New York City. Rent burden, or the percentage of residents who have difficulty paying their rent, is 38% in SoHo and Greenwich Village, compared to the boroughwide and citywide rates of 45% and 51% respectively. Based on this calculation, as of 2018, SoHo and Greenwich Village are considered high-income relative to the rest of the city and not gentrifying.