Historic Old Town in Ames, Iowa, is characterized as a community with Low Diversity, having a White Majority comprising 92% of the population as of 2022. The neighborhood has experienced changes in population and median income over the past decade. This area likely contains some of the oldest architectural structures in Ames, potentially influencing its demographic composition and economic trends.

Throughout the analyzed period (2013-2022), Historic Old Town has maintained a White Majority status, categorizing it as an area of Low Diversity. The white population percentage has fluctuated slightly, reaching its lowest point of 88% in 2019 before returning to 92% in 2022. There has been a gradual increase in diversity, with the Hispanic population growing from 0% in 2013 to 4% by 2020, before decreasing to 1% in 2022. The Asian population emerged in 2021 at 2% and maintained this level in 2022. The Black population has remained consistently at 1% since 2018. The "Two or More Races" category has shown variability, peaking at 6% in 2019 before settling at 3% in 2022.

The median income in Historic Old Town has shown considerable volatility. It increased from $40,266 in 2013 to a peak of $64,017 in 2021, before declining to $50,610 in 2022. This overall upward trend in income coincided with a general decrease in population from 1,143 in 2013 to 865 in 2022. The inverse relationship between population and median income could suggest gentrification processes, with potentially higher-income residents moving in as the overall population decreased.