Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Marshall Terrace, a neighborhood in Minneapolis, Minnesota, exhibits characteristics of a White Majority community with moderate diversity. As of 2022, the white population comprises 65% of the residents, with significant representation from Black (18%) and Hispanic (7%) groups. The neighborhood has experienced fluctuations in its demographic composition and economic status over the past decade. Marshall Terrace is known for its industrial history and proximity to the Mississippi River, which has influenced its development and community character over time.
From 2013 to 2022, Marshall Terrace transitioned through several diversity categories. From 2013 to 2017, the neighborhood maintained a White Majority status, with white residents consistently making up over 60% of the population. In 2018-2019, the area experienced a shift towards Low Diversity, with the white population reaching nearly 80%. From 2020 to 2022, a trend towards Moderate Diversity emerged, with the white population decreasing to 65% and other racial groups gaining representation. This evolution suggests a dynamic community undergoing significant demographic changes, potentially influenced by factors such as housing affordability, economic opportunities, or broader societal shifts.
The median income in Marshall Terrace has shown considerable volatility. From 2013 to 2017, income levels remained relatively stable around $41,000. In 2018, there was a sharp increase to $52,496, coinciding with the peak of white population representation. From 2019 to 2022, incomes fluctuated, with a notable spike to $57,432 in 2021 before dropping back to around $42,000 in 2022. These economic fluctuations appear to correlate with demographic shifts. The period of highest income (2018-2019) aligned with the lowest diversity, suggesting potential gentrification or economic displacement of minority groups. The subsequent return to moderate diversity coincided with a stabilization of median income at lower levels, possibly indicating a rebalancing of the community's socioeconomic makeup.
Population trends have been relatively stable, with minor fluctuations between 1,300 and 1,600 residents throughout the decade. This stability in overall population, despite demographic shifts, suggests that changes are primarily due to resident turnover rather than significant new development or exodus.
The demographic evolution of Marshall Terrace reflects broader trends seen in many urban neighborhoods across the United States. The pattern of increasing diversity followed by a period of gentrification and then a return to moderate diversity is common in many cities experiencing urban renewal and demographic shifts.
The economic volatility observed in Marshall Terrace, particularly the sharp income increases in 2018 and 2021, may be indicative of wider economic trends in Minneapolis or Minnesota. These could be related to local economic policies, industry changes, or the impacts of national events such as the COVID-19 pandemic.
The neighborhood's transition towards moderate diversity in recent years aligns with national trends of increasing racial and ethnic diversity in urban areas. However, the persistence of a white majority in Marshall Terrace contrasts with some other urban neighborhoods that have become majority-minority communities.
Marshall Terrace presents a microcosm of urban demographic and economic dynamics, reflecting both local factors and broader societal trends. The neighborhood's evolution over the past decade demonstrates the complex interplay between racial composition, economic status, and community change in American cities.