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Demographics
Population
Median Income
Racial Distributions
Kenawood-Rockwood-Hi-Acres-Deep Spring, a neighborhood in Lexington-Fayette, Kentucky, is classified as a "Low Diversity" area with a White Majority. As of 2022, the white population comprises 76% of the neighborhood, with a median income of $53,389. The area is primarily residential and is located near the University of Kentucky.
Over the past decade, the neighborhood has maintained its White Majority status within the "Low Diversity" category. The white population peaked at 82% in 2013 and subsequently decreased slightly to around 73-74% from 2014 to 2021. The black population has fluctuated between 14% and 23%, reaching its highest levels in 2015 and 2018. There has been a gradual increase in the Hispanic population and those identifying as two or more races, though their combined representation remains relatively low at 4-6% in recent years.
The median income in the neighborhood has experienced significant fluctuations over the past decade. From 2013 to 2015, there was a sharp decline from $46,688 to $38,520. This was followed by a general upward trend from 2015 to 2021, peaking at $63,621 in 2021. The most recent data for 2022 shows a decline to $53,389, which is higher than most previous years but represents a significant drop from 2021.
The neighborhood's persistent White Majority status contrasts with national trends towards increasing diversity in many urban areas. The income fluctuations, particularly the sharp rise and fall between 2020 and 2022, may reflect broader economic uncertainties related to the COVID-19 pandemic and its aftermath. The area's proximity to the University of Kentucky might explain some of its demographic stability, as college towns often have unique population dynamics.
In conclusion, Kenawood-Rockwood-Hi-Acres-Deep Spring has experienced minor increases in diversity over the past decade but remains a predominantly white, low-diversity neighborhood. The economic fluctuations, particularly in recent years, suggest a community experiencing some economic volatility. This could potentially lead to more significant demographic changes in the future if these trends continue or accelerate.