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Demographic Analysis of Fassnight Neighborhood: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Fassnight, a neighborhood in Springfield, Missouri, exhibits a "Low Diversity" demographic profile with a predominant White population of 80% as of 2022. The neighborhood's population increased from 4,254 in 2010 to 5,207 in 2022. Economically, Fassnight's median income was $30,384 in 2022. Fassnight Park, which features a creek, provides a green space for the community.
Throughout the analyzed period, Fassnight maintained its "Low Diversity" status, with the White population remaining above 75% from 2013 to 2022. The White population percentage fluctuated, reaching its lowest point of 73% in 2016 and 2018, before stabilizing around 80% in recent years. The Asian population increased from 0% in 2013 to 5% in 2022. The Black population remained relatively stable between 3-8% throughout the decade. The Hispanic population showed volatility, peaking at 10% in 2016 before declining to 5% in 2022. The "Two or More Races" category grew from 3% in 2013 to 6% in 2022, with a peak of 9% in 2020-2021.
The neighborhood's economic landscape showed notable changes. Median income increased from $24,133 in 2013 to $30,384 in 2022, representing a 26% growth over the decade. There was a dip in median income between 2014-2016, reaching a low of $18,467 in 2015, before a steady climb to a peak of $34,944 in 2021. The most recent data shows a slight decrease in median income from 2021 to 2022.
The economic trends loosely correlate with demographic shifts. The period of lowest income (2015-2016) coincides with the lowest percentage of White population and highest percentage of Hispanic population. The subsequent rise in income aligns with a stabilization of the White majority and gradual increases in Asian and multi-racial populations.
The trend of slow diversification in Fassnight aligns with broader national trends of increasing diversity in many American communities. The growth in the Asian population and those identifying as two or more races reflects similar trends seen in many urban and suburban areas across the United States. The income growth in Fassnight, while significant, may not have kept pace with national averages, as the 2022 median income of $30,384 is still below the national median household income. The population growth in Fassnight (22% from 2010 to 2022) outpaces the overall U.S. population growth rate during a similar period.
While Fassnight remains a predominantly White, low-diversity neighborhood, subtle demographic shifts and economic improvements over the past decade suggest a community in the early stages of transition. These changes may have implications for local services, community dynamics, and future development in the area.
