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Demographics
Population
Median Income
Racial Distributions
Bedford Walk, a neighborhood in Columbia, Missouri, exhibits a Low Diversity demographic profile with a White Majority of 81% in 2022. The median income of $68,782 in 2022 indicates an upper-middle-class community. The neighborhood's proximity to the University of Missouri likely influences its demographics and economic characteristics.
Over the past decade, Bedford Walk has maintained a White Majority status, with subtle shifts towards increased diversity. From 2013 to 2017, the neighborhood remained in the Low Diversity category with white population percentages above 75%. In 2019, there was a slight transition towards Moderate Diversity as the white population decreased to 75%, with increases in Asian and multi-racial populations. By 2022, the neighborhood reverted to Low Diversity status, but with a more diverse mix than at the start of the decade.
The most significant change has been the increase in the Asian population, from 1% in 2013 to 10% in 2022, suggesting a potential Transitional Community status in terms of Asian representation. The median income in Bedford Walk has fluctuated over the years. It peaked in 2019 at $90,141, coinciding with the period of slightly increased diversity. There was a significant drop in 2020 to $66,212, possibly due to the economic impacts of the COVID-19 pandemic. By 2022, the median income had stabilized at $68,782, slightly above the 2020 low but still below the pre-pandemic levels.
These economic shifts do not show a clear correlation with the gradual increase in diversity, suggesting that other factors may have had a more significant impact on income levels.
The gradual increase in diversity in Bedford Walk, particularly the growth of the Asian population, may be related to trends in university towns across the United States. Many universities have seen an increase in international students and faculty, particularly from Asian countries, which could explain the demographic shift in this neighborhood near the University of Missouri.
The economic fluctuations, especially the sharp decline in 2020, are consistent with national trends related to the COVID-19 pandemic. However, the recovery in Bedford Walk appears to be slower than the national average, which might indicate local economic factors at play.
Bedford Walk remains a predominantly white, upper-middle-class neighborhood, but shows signs of gradual diversification, particularly in its Asian population. The economic trends, while somewhat volatile, have maintained the area's relatively affluent status. The neighborhood's proximity to the university likely plays a significant role in both its demographic composition and economic resilience.