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Demographics
Population
Median Income
Racial Distributions
Glen Lake, a neighborhood in Loveland, Ohio, exhibits characteristics of Low Diversity, with a predominant White population of 95% in 2022. The area's median income of $92,083 in 2022 indicates an upper-middle-class community. Glen Lake is known for its lakeside setting.
Over the past decade, Glen Lake has maintained its status as a Low Diversity community. The White population has remained the majority, fluctuating between 85% and 97% from 2013 to 2022. There are subtle indications of a potential Transitional Community status. The Hispanic population has shown some growth, increasing from 2% in 2014 to 4% in 2022, with a peak of 7% in 2020 and 2021. A small Asian population (1-2%) has emerged in recent years.
The median income in Glen Lake has experienced fluctuation over the years. It peaked at $108,858 in 2015 but has since declined to $92,083 in 2022. This represents a decrease of about 15% over seven years. This income decline coincides with a period of population growth, as the neighborhood's population increased from 781 in 2015 to 928 in 2022.
The correlation between demographic shifts and economic trends is subtle but noteworthy. The slight increase in diversity occurred alongside the decline in median income. This could suggest that the neighborhood is becoming more accessible to a broader range of residents.
The small increases in Hispanic and Asian populations align with broader national trends of increasing diversity in suburban areas. The pace of diversification in Glen Lake appears to be slower than national averages. At $92,083, Glen Lake's median income in 2022 was still above the national median household income of approximately $70,784 for the same year.
The population growth in Glen Lake, increasing by about 19% from 2013 to 2022, is notable. This growth, coupled with the slight increase in diversity and decrease in median income, might suggest that Glen Lake is gradually transitioning from an exclusive, high-income enclave to a more accessible, though still affluent, suburban community.
Glen Lake remains a Low Diversity, predominantly White community. Subtle demographic shifts and economic changes over the past decade hint at the potential for greater diversity and socioeconomic changes in the future. These trends warrant continued observation to determine if Glen Lake will eventually transition to a more diverse community in line with broader national demographic shifts.