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Demographic Analysis of Historic Folsom: A White Majority Neighborhood with Subtle Racial Shifts
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Historic Folsom, a neighborhood in Folsom, California, currently presents a Low Diversity demographic profile with a strong White Majority. As of 2022, the neighborhood has a population of 3,236 and a median income of $89,409. This historic district is known for its charming Old West architecture and is a popular tourist destination, featuring the Folsom History Museum and various antique shops along its main street.
Over the past decade, Historic Folsom has consistently maintained its status as a White Majority community. The percentage of white residents has remained relatively stable, fluctuating between 71% and 79% from 2013 to 2022. Despite this stability, there have been subtle shifts in other racial demographics. The Asian population has fluctuated, peaking at 9% in 2014 and 2019, but settling at 6% by 2022. The Hispanic community has shown a slight increase, from 9% in 2015 to 13% in 2022. The category of Two or More Races has seen a gradual increase from 3% in 2013 to 5% in 2022. While these changes have not been dramatic enough to shift the neighborhood out of its White Majority status, they do indicate a slow trend towards slightly increased diversity.
The median income in Historic Folsom has shown significant growth over the past decade. In 2013, the median income was $65,633. By 2022, it had increased to $89,409, representing a growth of about 36% over nine years. This substantial increase in median income correlates with the neighborhood's maintained status as a White Majority area. The economic growth may have contributed to maintaining the existing demographic structure by potentially pricing out more diverse, lower-income residents.
Population growth has been moderate, increasing from 2,533 in 2013 to 3,236 in 2022, a growth of about 28%. This population increase, coupled with rising incomes, suggests that Historic Folsom has become an increasingly desirable place to live, potentially attracting more affluent residents.
The trends observed in Historic Folsom align with broader patterns seen in many historic districts across the United States. These areas often experience gentrification, characterized by rising property values and incomes, which can sometimes lead to displacement of lower-income and minority residents. However, Historic Folsom's demographic stability is somewhat unique. Many gentrifying neighborhoods see more dramatic shifts in racial composition, often becoming more diverse as young professionals of various backgrounds move in. The fact that Historic Folsom has maintained its White Majority status suggests that its changes may be more driven by income than by racial demographics.
The income growth in Historic Folsom outpaces the national average. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Historic Folsom's grew by 36%, indicating a particularly strong local economy.
While Historic Folsom remains a Low Diversity, White Majority community, subtle shifts in its racial composition and significant economic growth suggest a slowly evolving demographic landscape. The neighborhood's ability to maintain its historic character while experiencing economic growth presents both opportunities and challenges for fostering greater diversity and inclusivity in the future.
