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Demographics
Population
Median Income
Racial Distributions
The Merriwether neighborhood in Louisville, Kentucky, has a population of 1,384 and an estimated 530 housing units as of 2022. It is classified as a "Low Diversity" community with a white majority of 66%. The neighborhood's median income has experienced significant volatility over the past decade, indicating an area in economic transition.
Over the past decade, Merriwether has gradually transformed from a "Low Diversity" community towards "Moderate Diversity." In 2013, the white majority was 68%, decreasing to 66% by 2022. The "race_other" category increased from 0% in 2013 to 19% in 2022. The black population fluctuated, peaking at 24% in 2014 before declining to 11% in 2022. The Hispanic population remained relatively stable between 5-10% throughout the period.
The median income in Merriwether has shown significant volatility. It ranged from a low of $16,316 in 2015 to a high of $50,559 in 2021. This economic instability may be correlated with the demographic shifts in the neighborhood. The sharp drop in median income in 2015 coincided with a slight increase in diversity, possibly indicating an influx of lower-income residents from various backgrounds. The subsequent rise in income through 2019 and 2021 correlated with a slight increase in the white population percentage.
The trends observed in Merriwether reflect broader patterns seen in many urban areas across the United States. The gradual increase in diversity, particularly the growth of the "race_other" category, aligns with national trends of increasing multiracial and immigrant populations in many cities.
The economic volatility experienced by Merriwether is more pronounced than what might be expected in a typical urban neighborhood. This could indicate that the area is particularly sensitive to local economic factors or policy changes, or it may be undergoing a significant transition in its economic base or housing market.
Merriwether presents a picture of a neighborhood in flux, both demographically and economically. While still categorized as "Low Diversity," it shows clear signs of transitioning towards greater diversity. The economic instability experienced over the past decade may be both a driver and a consequence of these demographic shifts, highlighting the complex interplay between racial composition and economic factors in urban neighborhoods.