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Demographics
Population
Median Income
Racial Distributions
Merry Oaks, a neighborhood in Nashville, Tennessee, exhibits a Low Diversity demographic profile with a strong White Majority. As of 2022, the neighborhood has a population of 1,262 and a median income of $67,619. Merry Oaks is characterized by a mix of mid-century modern homes and newer constructions.
Over the past decade, Merry Oaks has maintained its status as a White Majority community. The percentage of white residents has fluctuated between 83% and 91%. The Asian population has increased from 1% in 2013 to 6% in 2022. The Black population has shown variability, peaking at 5% in 2018 but dropping to 0% in 2022. The Hispanic population has decreased from 5% in 2013 to 1% in 2022. The population identifying as two or more races has generally increased from 4% in 2013 to 5% in 2021, though dropping to 3% in 2022.
The median income in Merry Oaks has shown an upward trend, rising from $54,716 in 2013 to $67,619 in 2022, an increase of about 23.6%. This economic growth correlates with some demographic shifts. The increase in Asian population coincides with the rise in median income. The overall stability of the white majority aligns with the steady economic growth. The slight increase in racial diversity corresponds with periods of higher median income.
Merry Oaks' gradual increase in diversity, particularly in the Asian population, aligns with broader trends seen in many American suburbs. The economic growth in Merry Oaks outpaces the national average, which saw median household income rise by about 10% between 2013 and 2022.
The neighborhood's population has decreased slightly over the decade, from 1,374 in 2013 to 1,262 in 2022. This contrasts with the overall growth trend in Nashville, suggesting that Merry Oaks might be experiencing some localized factors affecting its population.
In conclusion, while Merry Oaks has maintained its status as a Low Diversity, White Majority community, it shows signs of gradual diversification and steady economic growth. These trends reflect broader patterns of suburban evolution, where established neighborhoods experience subtle demographic shifts while maintaining their overall character and increasing in affluence.