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Demographic Analysis of Bingham Neighborhood: Predominantly White with Slow Diversification
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Bingham neighborhood in Springfield, Missouri, exhibits Low Diversity characteristics with a predominant White population of 88% as of 2022. The neighborhood has experienced gradual changes in its demographic composition over the past decade, along with fluctuations in median income and population. Bingham's proximity to Missouri State University likely influences its demographic and economic dynamics.
From 2013 to 2022, Bingham maintained a Low Diversity classification, with the White population remaining above 75%. The White population decreased from 92% in 2013 to 82% in 2019, before increasing to 88% in 2022. There has been a slight increase in racial diversity, with small but growing representations of Hispanic, Black, and multiracial populations. The neighborhood shows signs of being a Transitional Community, particularly from 2013 to 2019, with increases in Hispanic and multiracial populations.
The median income in Bingham has shown an upward trend. From 2013 to 2022, median income increased from $31,562 to $47,178, a rise of nearly 50%. This income growth coincided with the period of increasing racial diversity (2013-2019). The population fluctuated over the decade, with a peak of 7,208 in 2020, followed by a decline to 6,584 in 2022. The correlation between increasing diversity and rising median income suggests that the neighborhood may be experiencing some level of economic development and potentially gentrification.
The trend of increasing diversity, albeit slow, aligns with national trends of growing diversity in many urban and suburban areas. The significant increase in median income (50% over a decade) outpaces national averages, suggesting localized economic factors at play, possibly related to the neighborhood's proximity to Missouri State University. The recent decline in population (2020-2022) might be attributed to broader trends such as the COVID-19 pandemic's impact on college towns or changing housing preferences.
Bingham remains a predominantly White, Low Diversity neighborhood, but it shows signs of gradual demographic shifts and significant economic improvement. The neighborhood's evolution suggests a balance between maintaining its traditional character and adapting to broader societal changes, potentially influenced by its academic surroundings. The coming years may be crucial in determining whether Bingham continues on this path of slow diversification and economic growth or reverts to its historical demographic patterns.
