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Demographic Analysis of Beechmont: Transition from Low to Moderate Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Beechmont, a neighborhood in Louisville, Kentucky, demonstrates a "Moderate Diversity" demographic profile with a White majority of 56% in 2022. The neighborhood has undergone significant demographic changes over the past decade, evolving from a more homogeneous community to one with increasing racial diversity. Economically, Beechmont has experienced moderate income growth, with the median income increasing from $37,976 in 2013 to $45,671 in 2022. Beechmont is characterized by its historic charm, featuring many early 20th-century bungalow-style homes.
In 2013, Beechmont was categorized as having "Low Diversity" with a White majority of 65%. Over the decade, the neighborhood transitioned to "Moderate Diversity." This shift is attributed to a decrease in the White population from 65% in 2013 to 56% in 2022, an increase in the Black population from 18% to 25%, growth in the Hispanic population from 8% to 10%, and a slight increase in the Asian population from 4% to 5%. The transition appears to have been gradual, with no sudden changes in any particular year.
The demographic shifts correlate with changes in median income. As diversity increased, median income grew from $37,976 in 2013 to $45,671 in 2022, a 20.3% increase. The most significant income increase occurred between 2019 and 2020, coinciding with a notable increase in the Black population percentage. Despite the overall increase, there were fluctuations, with a decrease in median income between 2017 and 2018, which corresponded with a slight decrease in the White population and increases in Asian and Hispanic populations.
These trends suggest that the increasing diversity may be linked to economic opportunities attracting a more varied workforce to the area. The overall income growth could indicate gentrification or economic development in the neighborhood.
The trend towards increasing diversity in Beechmont aligns with broader national trends of growing diversity in urban areas. The 20.3% income growth over the decade is significant but may not have kept pace with inflation, which was approximately 25% over the same period nationally. The relatively stable population (8,395 in 2010 to 8,573 in 2022) suggests that the neighborhood has maintained its appeal while undergoing demographic changes.
Beechmont has evolved from a predominantly White, low-diversity neighborhood to a moderately diverse community with a growing economy. This transition reflects broader urban trends of increasing diversity and suggests that the neighborhood is adapting to changing demographics while maintaining its economic vitality. The correlation between increasing diversity and rising incomes indicates that Beechmont may be benefiting from the economic contributions of its new, diverse residents.
