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Demographics
Population
Median Income
Racial Distributions
Meadowood, a Pennsylvania neighborhood, is classified as a "Low Diversity" community with a "White Majority". As of 2022, its population is 5,719 with a median income of $51,009. Meadowood covers 1.56 square miles, creating a compact residential area within a larger urban region.
Over the past decade, Meadowood has maintained its "Low Diversity" status with a white population consistently above 90%. Minor increases in diversity include growth in residents identifying as two or more races from 1% in 2013 to 4% in 2022, a stable Black population of 1-2%, and a slight increase in the Hispanic population from 0% to 1% in 2022. These changes suggest a slow transition towards increased diversity.
The median income in Meadowood has grown from $44,427 in 2013 to $51,009 in 2022, an increase of 14.8% over nine years. This growth has been inconsistent, with a significant increase between 2014 and 2015, and a peak of $56,982 in 2021 followed by a decrease in 2022. The population has fluctuated, with a low of 4,908 in 2019 and a high of 5,719 in 2022.
Meadowood's slow pace of demographic change contrasts with national trends of rapidly diversifying suburbs. The community's resistance to significant shifts may be due to factors such as limited housing stock, lack of economic opportunities for diverse populations, or resident preferences to maintain the status quo.
The median income growth in Meadowood has been modest compared to national trends. Between 2013 and 2019, Meadowood's median income grew by 27.9%, compared to the U.S. median household income growth of 10.3%. However, the recent decline in 2022 suggests Meadowood may be more susceptible to economic volatility than the national average.
In conclusion, Meadowood shows early signs of transitioning towards greater diversity but remains a predominantly white, low-diversity community. Economic improvements over the decade have been notable but inconsistent, and the recent decline in median income could affect the community's future development and potential for increased diversity.