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Demographics
Population
Median Income
Racial Distributions
The Midtown neighborhood of New Albany, Indiana, currently exhibits a predominantly White Majority demographic profile with Low Diversity. As of 2022, the white population constitutes 91% of the neighborhood, with a median income of $30,439. Midtown has experienced significant fluctuations in both its demographic composition and economic indicators over the past decade, reflecting broader socio-economic trends in small Midwestern cities.
From 2013 to 2022, Midtown has consistently maintained its status as a White Majority community. The neighborhood has transitioned from Moderate Diversity in 2013-2017 to Low Diversity from 2018 onwards. This shift is primarily due to a gradual increase in the white population percentage, rising from 79% in 2013 to 91% in 2022. The black population, which represented a significant minority (11-16%) from 2013 to 2017, has decreased to 5% by 2022. This change has been a key factor in the transition from Moderate to Low Diversity. The Hispanic population has remained relatively stable at 2-4% throughout the decade.
The median income in Midtown has shown considerable volatility over the years, ranging from a low of $24,675 in 2014 to a high of $41,764 in 2021. The periods of higher diversity (2013-2017) coincided with generally lower median incomes, while the shift to Low Diversity from 2018 onwards has seen some of the highest median income figures. The population has remained relatively stable, fluctuating between 2,675 and 3,068 residents over the decade. There is no clear correlation between population changes and demographic or economic shifts.
The trend towards increasing racial homogeneity in Midtown runs counter to national trends, where many urban areas are becoming more diverse. This suggests that New Albany, and Midtown in particular, may be experiencing unique local factors influencing its demographic composition. The economic volatility seen in Midtown's median income figures might reflect broader economic challenges faced by small Midwestern cities, many of which have struggled with deindustrialization and economic restructuring. The recent uptick in median income, particularly the peak in 2021, could be attributed to national economic trends following the COVID-19 pandemic, including wage increases and stimulus measures.
The decrease in the black population percentage, particularly since 2017, raises questions about potential factors such as changing housing markets, employment opportunities, or other socio-economic forces that might be influencing residential patterns in the area. Midtown's demographic evolution over the past decade reflects a complex interplay of local and national trends. While the neighborhood has become less diverse, it has also seen some economic improvements. Understanding the drivers behind these changes and their impacts on community cohesion and local services will be crucial for city planners and policymakers moving forward.