The Shaw neighborhood, site of an urban renewal effort begun in the late 1960s, is now attracting millennials looking for a urban lifestyle.
Shaw’s demographics have both reflected and bolstered the change in the market. City and federal officials have suggested that the area needs more affordable housing, so that gentrification does not push out all the longtime residents.In the ZIP code that includes Shaw, the percentage of households earning less than $40,000 ($20,000 for single people) dropped to 30 percent from 47 percent from 2002 to 2013, according to the District of Columbia’s Office of Revenue Analysis. The number of childless single adults soared during that same period, to 71 percent of the total population from 21 percent. Nearly a third of the residents have graduate degrees, according to a 2015 neighborhood profile.