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Demographics
Population
Median Income
Racial Distributions
Market Heights, a neighborhood in Canton, Ohio, presents a demographic profile categorized as "Low Diversity" based on the analyzed data. As of 2022, the neighborhood is characterized by a White Majority, with 90% of the population identifying as white. This high percentage indicates minimal representation from other racial categories. Economically, Market Heights has experienced fluctuations in median income over the past decade, with the most recent data showing a median income of $64,488 in 2022. The neighborhood has maintained a relatively stable population size of approximately 5,000 residents throughout the analyzed period.
Over the past decade, Market Heights has consistently maintained its status as a "Low Diversity" neighborhood. The white population has remained the dominant racial group, consistently comprising over 85% of the total population. There have been minor fluctuations in the percentages of other racial groups, but none significant enough to shift the neighborhood's categorization. In 2013, the neighborhood showed 88% white population and 7% black population. By 2022, the white population increased to 90%, while the black population decreased to 5%. This trend suggests a slight reduction in racial diversity over the decade.
The Hispanic population has remained relatively stable at around 1-2% throughout the period. The Asian population has consistently represented about 1% of the community. The median income in Market Heights has shown variability over the analyzed period. In 2013, the median income was $60,870, which declined to $52,939 by 2019. There was a significant increase to $70,182 in 2021, followed by a decrease to $64,488 in 2022.
The periods of higher median income (2020-2022) coincide with a slight increase in the white population percentage and a decrease in the black population percentage. This could suggest a correlation between the neighborhood's racial composition and its economic status. The population has remained relatively stable throughout this period, ranging from a low of 4,712 in 2015 to a high of 5,333 in 2012. This stability in population, combined with the fluctuations in median income, might indicate changes in the economic circumstances of long-term residents rather than significant demographic turnover.
Market Heights' demographic profile contrasts with national trends towards increasing diversity in many urban and suburban areas. The neighborhood's persistence as a predominantly white community with low diversity is somewhat atypical of broader patterns seen in many American cities over the past decade. The economic fluctuations observed in Market Heights, particularly the sharp increase in median income from 2019 to 2021, may reflect broader economic trends related to the COVID-19 pandemic and its aftermath.
Market Heights presents a picture of a demographically stable yet economically dynamic neighborhood. While it has maintained its status as a low-diversity area with a strong white majority, the community has experienced notable economic shifts. These trends raise questions about the interplay between racial composition, economic factors, and community stability in small urban neighborhoods like Market Heights.