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Demographic Analysis of Idle Hour: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Idle Hour, a neighborhood in Lexington-Fayette, Kentucky, maintains a "Racial Majority" status with a White population of 70% in 2022. This status has persisted over the past decade with some fluctuations. The neighborhood's median income increased from $38,317 in 2013 to $50,965 in 2022, indicating economic growth. Idle Hour is characterized by mid-century modern homes and tree-lined streets.
Over the past decade, Idle Hour has consistently maintained a "White Majority" status, with the White population ranging from 68% to 79%. The White population peaked at 79% in 2019 but decreased to 70% in 2022. The Black population increased gradually from 15% in 2013 to 18% in 2022, peaking at 20% in 2021. The Hispanic population remained relatively stable at 5-7% throughout the decade. There has been a slight increase in the Asian population and those identifying as two or more races.
The neighborhood experienced significant economic growth. Median income increased by approximately 33% from 2013 to 2022, rising from $38,317 to $50,965. A notable increase in median income occurred between 2017 and 2019, peaking at $57,678 in 2019. After 2019, there has been a slight decline in median income.
The economic growth correlates with the slight increase in diversity, suggesting that the neighborhood may be attracting a more diverse, affluent population. The recent slight decline in both median income and White population percentage might indicate a shift in neighborhood dynamics.
The trend of increasing diversity in Idle Hour aligns with national trends of growing diversity in suburban areas. The economic growth in Idle Hour outpaces the national average, which saw about a 23% increase in median household income from 2010 to 2020. The recent slight decline in median income post-2019 could reflect broader economic challenges, such as the impact of the COVID-19 pandemic.
Idle Hour presents a case of a traditionally White Majority neighborhood showing gradual signs of increased diversity while experiencing significant economic growth. The neighborhood appears to be in a transitional phase, potentially moving towards greater diversity in the coming years if current trends continue. These changes could have implications for local community dynamics, housing markets, and public services in the future.
