Demographic Analysis of Cory - Merrill: A Predominantly White Neighborhood in Denver
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
The Cory - Merrill neighborhood in Denver, Colorado, is categorized as a "Low Diversity" area with a White Majority of 86% in 2022. The neighborhood has a high median income of $139,512 in 2022, which is above the national average. Cory - Merrill is located near the University of Denver and is considered desirable for academics and professionals.
From 2013 to 2022, Cory - Merrill maintained its status as a White Majority neighborhood. The White population percentage fluctuated between 82% and 88%. The Hispanic population increased from 3% in 2013 to 12% in 2018, then decreased to 5% by 2022. The Asian population gradually increased from 2% in 2013 to 5% in 2022. The Black population remained consistently below 1%.
The neighborhood experienced significant economic growth over the past decade. Median income increased from $95,310 in 2013 to $139,512 in 2022, a 46% increase. The population remained relatively stable, ranging between 4,000 and 4,700 residents.
The demographic trends in Cory - Merrill differ from broader national trends, which have shown more significant increases in diversity. While the United States has been moving towards a more diverse population composition, Cory - Merrill has maintained its predominantly White demographic.
The economic growth in Cory - Merrill outpaces national averages, with the median household income in the United States growing at a slower rate during the same period. This suggests that Cory - Merrill is becoming increasingly exclusive, potentially limiting opportunities for more diverse populations to move into the area due to high housing costs.
Cory - Merrill has seen slight increases in diversity over the past decade, but remains a predominantly White, affluent neighborhood. The substantial economic growth may be both a cause and effect of its demographic stability. As the neighborhood continues to attract high-income residents, it may face challenges in fostering greater diversity and inclusivity in the future.
