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Demographics
Population
Median Income
Racial Distributions
Historic Old Hickory Village in Nashville, Tennessee, demonstrates a demographic profile categorized as "Low Diversity" as of 2022. The neighborhood has a White Majority, with 79% of the population identifying as white. Over the past decade, the area has experienced subtle shifts in its racial composition, moving towards slightly increased diversity. Economically, the neighborhood's median income has fluctuated, reaching $62,764 in 2022. Historic Old Hickory Village was originally developed as a company town for DuPont's gunpowder plant in the early 20th century.
Over the past decade, Historic Old Hickory Village has maintained its status as a predominantly white community, but with a gradual trend towards increased diversity. In 2013, the neighborhood had 93% of the population identifying as white. By 2022, the white population decreased to 79%, indicating a slow but steady shift towards greater racial diversity. The Black population increased from 3% in 2013 to 12% in 2022, while the Hispanic population grew from 1% to 4% over the same period.
The median income in Historic Old Hickory Village has shown notable fluctuations over the past decade. From 2013 to 2019, there was a general upward trend, with median income rising from $50,804 to a peak of $66,823. However, since 2019, there has been a decline, with the median income dropping to $62,764 in 2022. These economic shifts seem to correlate with the demographic changes. As the community became slightly more diverse from 2013 to 2019, median incomes rose. The subsequent decline in median income since 2019 coincides with a more rapid increase in racial diversity, particularly in the Black and Hispanic populations.
The population of the neighborhood has remained relatively stable over the decade, with minor fluctuations. It peaked at 4,731 in 2018 and has since decreased to 4,141 in 2022. This slight population decline, coupled with increasing diversity and fluctuating incomes, may indicate changing dynamics in the local housing market and economy.
The gradual diversification of Historic Old Hickory Village aligns with broader trends seen in many suburban and historically homogeneous communities across the United States. However, the pace of change in this neighborhood appears to be slower than national averages. Nationally, the non-Hispanic white population decreased from 63.7% in 2010 to 57.8% in 2020, a more significant shift than observed in this neighborhood.
The income fluctuations in Historic Old Hickory Village mirror national trends to some extent. Many areas saw income growth in the mid-2010s followed by stagnation or decline in recent years, particularly in the wake of the COVID-19 pandemic. However, the specific patterns in this neighborhood suggest local factors, possibly related to changes in employment opportunities or housing market dynamics, are also at play.
Historic Old Hickory Village remains a predominantly white, low-diversity community, but it is showing signs of gradual demographic change. These shifts, coupled with fluctuating economic indicators, suggest a community in transition, albeit at a slower pace than many comparable areas nationally. The historical context of the neighborhood as a former company town may contribute to its resilience to rapid change, but ongoing trends indicate a slow evolution towards greater diversity and potentially changing economic circumstances.