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Demographics
Population
Median Income
Racial Distributions
Cedar Park, a neighborhood in Melrose, Massachusetts, is characterized by low diversity with a white majority of 84% in 2022. The neighborhood has experienced fluctuations in population and median income over the past decade. Cedar Park's median income reached $147,093 in 2021, significantly above the national average.
Cedar Park has maintained low diversity from 2013 to 2022. The white population has remained the dominant racial group, consistently comprising over 80% of the neighborhood's population. The white population percentage peaked at 94% in 2018 and declined to 84% in 2022. The Asian population increased from 7% in 2013 to 8% in 2022. The Hispanic population increased from 0% in 2013 to 2% in 2022. The category of "two or more races" reached 5% in 2022, indicating a trend towards slightly increased diversity.
The median income in Cedar Park has shown volatility. It rose from $93,062 in 2013 to $124,378 in 2018, reached $147,093 in 2021, and dropped to $99,840 in 2022. The population grew from 1,504 in 2013 to 2,236 in 2017, then declined to 1,248 in 2022. The recent population decline coincides with the drop in median income.
Cedar Park's demographic profile is less diverse compared to national trends. Its persistence as a predominantly white, affluent neighborhood suggests it may be somewhat insulated from broader demographic shifts seen in more urban or economically diverse areas. The neighborhood's high median income likely places it above state and national averages. This economic profile might contribute to its stability in terms of racial composition, as high property values and living costs can act as barriers to increased diversity.
The recent increase in residents identifying as two or more races aligns with national trends, as this has been one of the fastest-growing demographic categories in the U.S. over the past decade. Cedar Park remains a low diversity, predominantly white neighborhood, with subtle shifts towards increased diversity. Its economic profile has been volatile but generally affluent, which may influence its demographic stability. The coming years will reveal whether the recent declines in population and income are temporary fluctuations or the beginning of more significant changes in the neighborhood's character.