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Demographics
Population
Median Income
Racial Distributions
Matinez Park in Fort Collins, Colorado, is classified as a Low Diversity neighborhood with a predominantly White population, comprising 78% in 2022. The area has experienced moderate economic growth over the past decade, with median income increasing from $61,100 in 2013 to $72,808 in 2022. The neighborhood's proximity to Colorado State University likely influences its demographic composition and economic patterns.
Over the past decade, Matinez Park has maintained its status as a Low Diversity neighborhood with a White Majority. The White population decreased slightly from 83% in 2013 to 78% in 2022. The Hispanic population fluctuated between 13-20% over the years, peaking at 20% in 2017 before declining to 12% in 2022. The Asian population showed a small increase from 1% in 2013 to 2% in 2022. The population identifying as two or more races increased from 0% in 2013 to 3% in 2022.
The median income in Matinez Park has shown significant fluctuations. From 2013 to 2018, there was a steady increase from $61,100 to $86,524, suggesting strong economic growth. However, from 2019 to 2022, there was a sharp decline to $72,808, possibly due to economic impacts of the COVID-19 pandemic. The period of highest income growth (2013-2018) coincided with a slight decrease in the White population and an increase in the Hispanic population. The recent income decline (2019-2022) occurred alongside a stabilization of the White population percentage and a decrease in the Hispanic population.
The demographic trends in Matinez Park somewhat mirror national trends of slowly increasing diversity, but at a much slower pace. The neighborhood remains significantly less diverse than the national average, where non-Hispanic Whites make up about 60% of the population. The economic fluctuations, particularly the sharp rise and fall in median income, are more pronounced than typical national trends. This could be due to local factors such as the influence of the nearby university or specific industries in Fort Collins.
The recent economic downturn appears to have had a more significant impact on this neighborhood compared to national averages, suggesting a potentially higher vulnerability to economic shocks. While Matinez Park remains a Low Diversity, White Majority neighborhood, subtle shifts towards increased diversity are evident. The area has experienced significant economic fluctuations, with recent challenges potentially slowing the diversification process. The neighborhood's unique characteristics, including its university proximity, likely play a role in shaping these demographic and economic trends.