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Demographics
Population
Median Income
Racial Distributions
Hickory Village, a neighborhood in Fort Collins, Colorado, exhibits a racial plurality with a Hispanic majority. As of 2022, the Hispanic population comprises 52% of the neighborhood, while the White population accounts for 48%. The median income in Hickory Village was $24,654 in 2022, placing it in a lower-income bracket compared to national averages. This neighborhood has maintained a consistent Hispanic plurality over the past decade, despite fluctuations in exact percentages.
Over the past decade, Hickory Village has maintained its status as a racial plurality community, with the Hispanic population consistently representing the largest group. From 2013 to 2017, the neighborhood was categorized as having a Hispanic majority, with the Hispanic population reaching a peak of 66% in 2017. Post-2017, there has been a gradual shift towards a more balanced racial composition, transitioning from a Hispanic majority to a Hispanic plurality by 2022. The White population has shown a steady increase from 33% in 2017 to 48% in 2022, indicating a trend towards moderate diversity.
The median income in Hickory Village has fluctuated significantly over the years. The highest median income was recorded in 2014 at $31,808. There was a general downward trend from 2014 to 2018, reaching a low of $26,054. A brief recovery occurred in 2019-2021, with incomes rising to around $30,000. However, 2022 saw a significant drop to $24,654, the lowest in the recorded period. The period of highest Hispanic concentration (2015-2018) coincided with a decline in median income. The recent trend towards more balanced racial composition has not yet translated into sustained economic improvement.
Population has grown steadily from 566 in 2010 to 979 in 2022, with a notable increase between 2019 and 2020. This population growth, coupled with fluctuating incomes, suggests changing economic dynamics in the neighborhood.
Hickory Village's demographic trends align with broader national patterns of increasing diversity in many urban and suburban areas. The median income of $24,654 in 2022 is significantly below the national median household income, suggesting that Hickory Village faces particular economic challenges compared to national averages.
The trend towards increased diversity, coupled with economic fluctuations, mirrors patterns seen in many transitional neighborhoods across the United States. The persistent Hispanic plurality makes Hickory Village somewhat unique, especially in a state like Colorado which has a predominantly White population overall.
Hickory Village represents a transitional community with a persistent Hispanic plurality, moving towards moderate diversity. The economic challenges faced by the neighborhood, as evidenced by the fluctuating and generally low median income, suggest that this demographic transition has not yet translated into consistent economic improvement for residents.