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Demographics
Population
Median Income
Racial Distributions
Memorial Park, a neighborhood in Atlanta, Georgia, exemplifies a low-diversity community with a strong white majority as of 2022. The area is characterized by its high median income, reaching $200,000 in 2022, placing it among the most affluent neighborhoods in the United States. Memorial Park is known for its green spaces and recreational facilities, including the eponymous Memorial Park, which contributes to its desirability and high property values.
Over the past decade, Memorial Park has consistently maintained its status as a low-diversity community with a white majority. In 2013, the neighborhood was 98% white, but by 2017, it showed signs of increasing diversity, with the white population decreasing to 89%. By 2022, the community reverted to its previous low-diversity status with 96% white residents.
The Asian population increased from 0% in 2013 to 5% in 2017-2019, before declining to 1% in 2022. The Hispanic population grew from 1% to 4% between 2013 and 2021, settling at 3% in 2022. These changes indicate some flux in the neighborhood's racial composition, possibly suggesting a transitional community status during the mid-2010s, although this trend did not continue into the 2020s.
The economic status of Memorial Park has remained consistently high throughout the observed period. The median income rose from $163,367 in 2013 to $200,000 in 2022, a 22% increase. This upward trend in income correlates with the slight increases in diversity seen in the mid-2010s. The population of the neighborhood peaked in 2017 at 402 residents and has since declined to 349 in 2022.
Memorial Park's demographic and economic trends contrast with many urban neighborhoods across the United States. While many cities have experienced increasing diversity and gentrification over the past decade, Memorial Park has maintained its status as a predominantly white, high-income enclave. The median income of $200,000 is more than three times the national median household income, which was approximately $70,784 in 2021.
The neighborhood's resistance to significant demographic change, despite brief periods of increasing diversity, is noteworthy in the context of Atlanta, a city known for its racial diversity and as a hub for African American culture and business. This suggests that Memorial Park may be somewhat insulated from broader demographic trends affecting the larger Atlanta metropolitan area.
Memorial Park has seen minor fluctuations in its racial composition over the past decade, but has largely maintained its status as a low-diversity, high-income neighborhood. The brief trend towards increased diversity in the mid-2010s did not sustain, and the community has since reinforced its predominant demographic characteristics. These trends, coupled with the consistently rising median income, indicate a stable, affluent enclave that has remained relatively unchanged in the face of broader urban demographic shifts.