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Demographics
Population
Median Income
Racial Distributions
The Madison/Unicorn Park neighborhood in Fargo, North Dakota, demonstrates a low diversity demographic profile with a white majority of 83% as of 2022. The median income in the neighborhood increased from $28,241 in 2013 to $43,402 in 2022, indicating economic growth. The area's proximity to North Dakota State University likely influences its demographic composition and economic characteristics.
Throughout the period from 2013 to 2022, Madison/Unicorn Park maintained a low diversity categorization, with the white population consistently above 75%. The percentage of Black residents increased from 0% in 2013 to 6% in 2022, while Hispanic representation grew from 1% to 6% during the same period. These changes suggest early signs of transition towards greater diversity. The Asian population peaked at 4% in 2013 but decreased to 1% in 2022, indicating demographic fluctuations.
The neighborhood experienced significant economic growth, with median income increasing by approximately 53% from 2013 to 2022. This trend correlates with the slight increase in racial diversity, potentially indicating that economic opportunities are attracting a more diverse population. Despite income growth, the population remained relatively stable, ranging from about 2,900 to 3,600 residents. The proximity to North Dakota State University likely contributes to both income growth and the gradual increase in diversity.
The demographic and economic trends in Madison/Unicorn Park align with Fargo's status as one of the fastest-growing cities in the Midwest. The slight increase in diversity, particularly in Hispanic and Black populations, reflects national trends of increasing diversity in many urban and suburban areas. The trends observed in this neighborhood are typical of areas near universities, which often experience gradual increases in diversity and income over time.
Madison/Unicorn Park remains a predominantly white, low-diversity neighborhood, but shows early indications of transitioning towards greater diversity. The significant economic growth over the past decade may be a driving factor in attracting a more diverse population, albeit slowly. The neighborhood's proximity to a university likely plays a crucial role in shaping these demographic and economic trends, positioning it for potential further diversification in the future.