The median income in Ellendale has experienced fluctuations over the years, with a general downward trend. It peaked at $89,304 in 2015 and has since decreased to $72,767 in 2022. This 18.5% decrease in median income over seven years is significant and could indicate broader economic challenges or changes in the neighborhood's composition.

The population has remained relatively stable, growing from 2,798 in 2013 to 2,587 in 2022, with some fluctuations in between. The slight population decrease, coupled with the income decline, might suggest that some higher-income residents have moved out, potentially replaced by middle-income families.

The demographic trends in Ellendale contrast with national trends towards increasing diversity. While many urban and suburban areas across the U.S. have seen significant increases in diversity over the past decade, Ellendale has maintained its predominantly white composition with only modest diversification.

The income trend in Ellendale is noteworthy. While many suburban areas have seen income growth over the past decade, Ellendale's declining median income could indicate local economic challenges or a shift in the types of jobs available to residents. This trend might be part of broader economic changes in the Memphis metropolitan area, of which Bartlett is a part.

The stability of the population size, despite economic changes, suggests that Ellendale remains an attractive place to live, possibly due to factors such as its historical character, suburban amenities, or proximity to employment centers.

In conclusion, while Ellendale has maintained its status as a White Majority, Low Diversity community, subtle shifts towards increased diversity and significant changes in median income indicate a neighborhood in gradual transition. These changes, though modest compared to national trends, may signal the beginning of more substantial demographic and economic shifts in the coming years.