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Demographic Analysis of CU - Williams Village: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
CU - Williams Village in Boulder, Colorado, is categorized as a "White Majority" neighborhood with a median income of $32,154 as of 2022. The area is characterized by moderate diversity, with significant Asian and Hispanic populations alongside the white majority. This neighborhood is likely dominated by student housing for the University of Colorado Boulder, given its name and the fluctuating income levels typical of student populations.
Over the past decade, CU - Williams Village has maintained its status as a "White Majority" community, but with notable changes. The white population has decreased from 67% in 2013 to 66% in 2022, hovering just above the majority threshold. This trend suggests a slow transition towards potentially becoming a "Moderate Diversity" area in the future.
The most significant change has been the growth of the Asian population, increasing from 12% in 2013 to 14% in 2022, with a peak of 21% in 2020. The Hispanic population has also grown from 14% in 2013 to 16% in 2022. These shifts indicate a gradual increase in diversity, though not yet reaching the "High Diversity" category due to the persistent white majority.
The median income in this neighborhood has shown considerable volatility, likely due to its student-dominated population. From a high of $57,749 in 2013, it dropped to a low of $29,257 in 2017, before rebounding to $57,297 in 2021 and then declining again to $32,154 in 2022. This fluctuation correlates with the changing demographic composition, particularly the increase in international students (as suggested by the growing Asian population) who may have different economic profiles.
The population has grown steadily from 1,604 in 2013 to 2,593 in 2022, a 61.7% increase. This growth, combined with the increasing diversity, suggests an expansion of the university's student body and possibly a shift in recruitment strategies to attract a more diverse student population.
The demographic shifts in CU - Williams Village align with broader trends in higher education, where institutions are focusing on increasing diversity in their student bodies. The growth in Asian and Hispanic populations reflects national trends in college enrollment for these groups.
The economic volatility is unique to this type of neighborhood, as it's likely dominated by student housing. Unlike typical residential areas, the median income here is more reflective of student financial aid, part-time work, and parental support rather than career earnings.
The population growth outpaces Boulder's overall growth rate, which was about 9% from 2010 to 2020, indicating that the university area is expanding more rapidly than the city at large. This could lead to increased pressure on local housing and services, potentially affecting the broader community dynamics in Boulder.
CU - Williams Village remains a "White Majority" area, but it's showing signs of transitioning towards greater diversity. The economic fluctuations and population growth reflect its nature as a university-centric neighborhood, with changes likely driven by shifts in university policies, enrollment, and broader higher education trends towards increased diversity and internationalization.
