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Broadway Neighborhood in Albany, Oregon: A Study of Racial Composition and Demographic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Broadway neighborhood in Albany, Oregon, is classified as a Low Diversity community with a white majority. As of 2022, the white population comprises 79% of the total residents. Over the past decade, the neighborhood has experienced moderate changes in its demographic composition and economic status. Broadway is notable for its historic architecture, featuring numerous well-preserved homes from the early 20th century.
From 2013 to 2022, Broadway has maintained its status as a Low Diversity community with a White Majority. The white population has decreased from 84% in 2013 to 79% in 2022. Concurrently, the Hispanic population has increased from 8% in 2013 to 12% in 2022. The percentage of residents identifying as two or more races has grown from 1% in 2013 to 7% in 2022. These changes indicate a gradual trend towards increased diversity in the neighborhood.
The median income in Broadway has fluctuated over the decade. From 2013 to 2018, there was a general upward trend, with income peaking at $79,409 in 2018. After 2018, income levels became less stable, experiencing significant drops and rebounds. As of 2022, the median income is $71,422, which represents a modest increase from the 2013 figure of $71,262. The population has remained relatively stable, fluctuating between 5,500 and 6,500 residents over the decade.
The gradual increase in diversity in Broadway aligns with national trends of increasing racial and ethnic diversity in American communities. However, the pace of change in Broadway appears slower than the national average, which has experienced more rapid diversification in many urban and suburban areas.
The economic volatility observed in Broadway is not uncommon in many American communities, particularly following the economic impacts of the COVID-19 pandemic. The 2022 median income of $71,422 in Broadway is slightly above the national median household income, which was approximately $70,784 in 2021.
The stability in population size, combined with the gradual increase in diversity and fluctuating but generally rising income levels, indicates that Broadway is experiencing subtle but meaningful demographic and economic shifts. These changes suggest that the neighborhood is slowly evolving towards a more diverse and economically dynamic community, albeit at a slower pace than many urban areas across the United States.
