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Demographics
Population
Median Income
Racial Distributions
Franz Park, a neighborhood in St. Louis, Missouri, is predominantly White with a median income of $67,911 as of 2022. The neighborhood has shown increasing diversity over the past decade, though it remains categorized as Low Diversity. Franz Park is located near Forest Park, one of the largest urban parks in the United States.
From 2013 to 2022, Franz Park has maintained its status as a White Majority neighborhood. The white population has decreased from 77% in 2013 to 71% in 2022. The black population has increased from 10% in 2013 to 13% in 2022. The Hispanic population has grown from 1% to 5% over the same period. The proportion of residents identifying as two or more races has increased from 5% to 8%. These changes indicate a gradual shift towards increased diversity.
The demographic shifts in Franz Park correlate with economic changes. Median income has risen from $55,368 in 2013 to $67,911 in 2022, an increase of about 22.7%. The population has remained relatively stable, with a slight decrease from 1,982 in 2013 to 2,083 in 2022. The increasing median income alongside growing diversity suggests that the neighborhood is attracting a more diverse, affluent population.
These trends in Franz Park align with broader national patterns of increasing diversity in urban areas. The growth in median income outpaces the national average over a similar period, suggesting that Franz Park may be experiencing more rapid economic growth than many other U.S. neighborhoods.
The stability in population numbers, coupled with increasing diversity and rising incomes, indicates that Franz Park is likely an attractive neighborhood for new residents from various backgrounds. This gradual demographic shift, while maintaining a White Majority, suggests a controlled pace of change that may be helping to preserve community cohesion while slowly increasing diversity.
Franz Park appears to be in a state of gradual transition. While still categorized as a White Majority, Low Diversity neighborhood, it shows signs of moving towards greater diversity and economic prosperity. This evolution suggests a neighborhood that is slowly adapting to changing urban demographics while maintaining its core character, potentially positioning it as an increasingly desirable area within St. Louis.