Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Indianola Terrace, a neighborhood in Columbus, Ohio, exhibits a low diversity demographic profile with a white majority of 77% as of 2022. The neighborhood's median income was $30,951 in 2022, which is relatively low compared to national averages. Indianola Terrace is located near The Ohio State University, which likely influences its demographic and economic characteristics.
Over the past decade, Indianola Terrace has maintained its status as a low diversity community, with the white population remaining above 75% throughout the period. The white population decreased slightly from 80% in 2013 to 77% in 2022. The black population increased modestly from 7% in 2013 to 8% in 2022, with a peak of 12% between 2016-2019. The Asian population has remained relatively stable, fluctuating between 3-6% over the decade.
The Hispanic population showed a slight increase from 4% to 6% between 2013 and 2020, before settling at 3% in 2022. The "two or more races" category has grown consistently, from 2% in 2013 to 5% in 2022, indicating an increasing trend towards multiracial identities. These changes suggest a slow trend towards greater diversity, although not significant enough to shift the neighborhood out of the low diversity category.
The median income in Indianola Terrace has shown significant growth over the past decade. In 2013, the median income was $13,086. By 2022, it had risen to $30,951, more than doubling over the period. The most substantial growth occurred between 2013 and 2017, with the median income nearly doubling in just four years. This increase in median income could be attributed to gentrification, urban renewal efforts, an influx of higher-income residents, or improvements in job markets.
The population has remained relatively stable, fluctuating between 3,500 and 4,250 residents, with a slight overall increase. This stability, combined with rising incomes, suggests a gradual economic improvement without significant displacement of existing residents.
Indianola Terrace's slow diversification trend aligns with broader national patterns of increasing diversity in urban areas. The significant income growth outpaces national averages for the same period, which could indicate localized economic improvements or changing neighborhood demographics. The neighborhood's proximity to The Ohio State University likely plays a crucial role in its demographic and economic profile, potentially contributing to high resident turnover, rapid gentrification, and economic resilience.
In conclusion, Indianola Terrace remains a low diversity community but shows signs of gradual diversification and significant economic improvement. These trends, likely influenced by its university-adjacent location, suggest a neighborhood in transition, albeit at a slower pace than many urban areas experiencing rapid demographic shifts.