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Demographic Analysis of Avery Park: Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Avery Park, a neighborhood in Fort Collins, Colorado, exhibits a Low Diversity demographic profile, with a white majority comprising 82% of the population as of 2022. The median income for the area is $47,833. Avery Park is located near Colorado State University.
Over the past decade, Avery Park has maintained its Low Diversity categorization. The white population has remained the dominant racial group, with percentages ranging from 80% to 85%. The Hispanic community increased from 9% in 2013 to 17% in 2014, before stabilizing around 12-14% in recent years. The Asian population gradually increased from 0% in 2013 to 4% by 2019, though it decreased to 2% in 2022. Black, Native American, and Pacific Islander populations have had minimal representation, rarely exceeding 1-2%.
The median income in Avery Park has shown fluctuations over the past decade. From 2013 to 2017, median income increased from $37,321 to $62,662, a 68% increase. After 2017, there was a decline, with median income dropping to $46,388 by 2019. It has since fluctuated, ending at $47,833 in 2022. The period of rising income coincided with a slight increase in the white population percentage and a stabilization of the Hispanic population after its 2014 peak.
The proximity to Colorado State University likely contributes to the area's demographic stability and economic fluctuations. The slight increases in diversity could be tied to changing university enrollment patterns. Colorado has been experiencing significant population growth and increasing diversity statewide over the past decade. Avery Park's slow shift towards increased diversity, albeit still within the Low Diversity category, aligns with this broader trend.
The sharp rise and subsequent decline in median income might reflect broader economic trends in Colorado, such as the tech boom and subsequent adjustments, as well as the impacts of the COVID-19 pandemic from 2020 onwards. While Avery Park remains a predominantly white, Low Diversity neighborhood, subtle demographic shifts and significant income fluctuations over the past decade suggest a community in the early stages of transition.
