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Demographics
Population
Median Income
Racial Distributions
The Acipco-Finley neighborhood in Birmingham, Alabama, is characterized as a Low Diversity community with a Black Majority. In 2022, the population was 95% Black and 4% White. The median income was $27,976, below the national average. Acipco-Finley has historical connections to the American Cast Iron Pipe Company, which was significant in Birmingham's industrial development.
Over the past decade, Acipco-Finley has maintained its status as a Low Diversity community with a Black Majority. The Black population has remained above 75%, ranging from 78% to 97%. A small White population of 3-4% emerged since 2019, slightly increasing diversity. However, this change has not significantly altered the neighborhood's diversity category.
The median income in Acipco-Finley increased from $21,981 in 2013 to $27,976 in 2022, a 27% rise over nine years. Despite this growth, income levels remain below national averages. The population decreased from 1,122 in 2014 to 717 in 2018, then increased to 851 in 2022. These fluctuations may indicate economic pressures or changes in housing availability.
The slight increase in racial diversity coincides with income growth, potentially indicating early stages of gentrification or economic development attracting a more diverse population. Acipco-Finley's demographics contrast with Birmingham's overall more diverse population mix. The city has experienced slow but steady economic growth and urban revitalization efforts in recent years.
The persistence of a strong Black Majority in Acipco-Finley, despite citywide diversification efforts, suggests the neighborhood may be preserving its historical cultural identity. The gradual income increase indicates that the neighborhood is not experiencing rapid gentrification like some other urban areas in the United States.
The population fluctuations in Acipco-Finley, particularly the decrease from 2014 to 2018 followed by a rebound, could reflect broader urban trends such as suburbanization and subsequent urban reinvestment. However, the neighborhood's population remains below its 2014 levels, potentially indicating ongoing challenges in retaining or attracting residents.
In conclusion, Acipco-Finley has maintained its status as a Low Diversity, Black Majority community over the past decade. Subtle changes in demographics and economics suggest the neighborhood may be on the verge of more significant transitions. The gradual income growth and slight increase in diversity could be early indicators of broader changes in the neighborhood's socio-economic landscape.