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Demographics
Population
Median Income
Racial Distributions
Bicentennial Estates in Lincoln, Nebraska, exhibits a specific demographic profile as of 2022. The neighborhood has a population of 3,734 and a median income of $64,446. It is classified as having "Low Diversity" based on established criteria. The white population comprises 75% of the residents, indicating a predominant racial majority. Bicentennial Estates is situated near the University of Nebraska-Lincoln, which may influence its demographic and economic characteristics.
Over the past decade, Bicentennial Estates has maintained its "Low Diversity" classification. The white population has remained the majority, ranging from 71% to 78% between 2013 and 2022. The Asian population has increased from 17% in 2013 to 19% in 2022. The Hispanic population has fluctuated, reaching 6% in 2019 but decreasing to 1% by 2022. The percentage of residents identifying as two or more races has risen from 0% in 2013 to 4% in 2022.
The median income in Bicentennial Estates has experienced significant fluctuations over the decade. It reached a peak of $98,052 in 2018, followed by a decline to $64,446 in 2022. The period of highest income (2017-2019) coincided with a slight increase in diversity, particularly in the Hispanic and multiracial populations. As income declined post-2019, the neighborhood experienced a slight reversal in this diversification trend.
The demographic trends in Bicentennial Estates partially reflect national trends of increasing diversity, albeit at a slower rate. The Asian population (19% in 2022) is significantly higher than the national average of approximately 6%. This may be attributed to the neighborhood's proximity to the university, which may attract international students and faculty.
The income fluctuations in Bicentennial Estates are more pronounced than typical national trends. This volatility may be influenced by the neighborhood's connection to the university, with changes in faculty composition or student housing policies potentially impacting local income levels.
Bicentennial Estates maintains its status as a predominantly white, low-diversity neighborhood, with subtle shifts towards increased diversity. The economic trajectory of the area, marked by significant income fluctuations, appears to have some correlation with these demographic changes. The neighborhood's future demographic composition may continue to be influenced by its proximity to the university.