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Demographics
Population
Median Income
Racial Distributions
Lamasco, a neighborhood in Evansville, Indiana, exhibits characteristics of Low Diversity with a White Majority. As of 2022, the neighborhood has a population of 1,587 and a median income of $42,095. Lamasco is named after the original town that existed in this area before it was incorporated into Evansville in 1857.
Over the past decade, Lamasco has maintained its status as a Low Diversity area with a White Majority. The white population has remained the dominant racial group, comprising between 83% and 91% of the total population throughout the observed period. There has been a gradual increase in the representation of other racial groups. The percentage of residents identifying as two or more races increased from 0% in 2013 to 8% in 2022. The black population has shown variability, ranging from 3% to 10% over the years. Asian, Hispanic, Native American, and Pacific Islander populations have maintained minimal representation throughout the decade, rarely exceeding 1% of the total population.
The economic landscape of Lamasco has shown notable changes over the past decade. The median income has increased from $34,019 in 2013 to $42,095 in 2022, representing a growth of about 24% over nine years. The population has fluctuated over the years, with a low of 1,481 in 2016 and a high of 1,997 in 2021. The current population of 1,587 in 2022 represents a slight decrease from recent years but is still higher than the 2013 figure. The slight increase in diversity coincides with the period of income growth, suggesting a possible relationship between increasing diversity and economic improvement.
Lamasco's income growth of 24% over nine years outpaces the national inflation rate for the same period, indicating real economic growth in the neighborhood. The neighborhood's racial composition, with its strong White Majority, differs from national trends towards increasing diversity in urban areas. However, the slight increase in diversity aligns with broader national patterns, albeit at a slower pace. The population fluctuations in Lamasco, particularly the recent decrease, may reflect broader trends of population shifts in mid-sized Midwestern cities.
Lamasco remains a Low Diversity area with a strong White Majority, but subtle shifts towards increased diversity are evident. These demographic changes, coupled with significant income growth, suggest a neighborhood in gradual transition. The community appears to be experiencing economic improvement while slowly becoming more diverse, potentially positioning it for further changes in the coming years.