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Demographics
Population
Median Income
Racial Distributions
Cedar-Isles-Dean, a neighborhood in Minneapolis, Minnesota, is characterized as a Low Diversity area with a White Majority. In 2022, the white population constituted 80% of the community. The neighborhood has a median income of $131,841 as of 2022, which is higher than the national average. Cedar-Isles-Dean is located between Cedar Lake and Lake of the Isles, two popular lakes in Minneapolis, making it a desirable residential area with upscale housing and natural amenities.
Over the past decade, Cedar-Isles-Dean has maintained its status as a Low Diversity, White Majority community. However, there are indications of a gradual shift towards increased diversity. The white population has decreased from 88% in 2013 to 80% in 2022. The Asian population has increased from 5% in 2013 to 8% in 2022. The Black population has shown a notable increase, particularly in 2022, rising from 1% to 7%. The Hispanic population has remained relatively stable at 2-3% throughout the decade.
The neighborhood's economic status has remained consistently high throughout the observed period. The median income has increased from $122,909 in 2013 to $131,841 in 2022, representing a 7.3% increase. The population has grown from 2,374 in 2013 to 2,992 in 2022, a 26% increase, indicating the neighborhood's growing attractiveness.
The correlation between demographic shifts and economic trends suggests that the increasing diversity may be linked to the neighborhood's economic prosperity, attracting high-income professionals from various racial backgrounds. The substantial population growth, coupled with rising incomes, could be driving up property values and potentially influencing the demographic makeup by attracting more diverse, affluent residents.
Cedar-Isles-Dean's demographic shifts align with broader national trends of increasing diversity in urban and suburban areas. However, the neighborhood's pace of change is slower than many other urban areas, likely due to its already high property values and established character. The neighborhood's median income significantly exceeds the national median household income, highlighting its status as an affluent enclave within Minneapolis.
In conclusion, Cedar-Isles-Dean remains a predominantly white, affluent neighborhood, but subtle shifts in its demographic makeup over the past decade hint at a gradual move towards greater diversity. These changes reflect broader national trends towards increased racial and ethnic diversity in urban areas, particularly in economically prosperous communities. The neighborhood's evolution will be important to monitor in the coming years to determine if it transitions towards a Moderate Diversity classification or maintains its current Low Diversity status with incremental changes.