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Demographic Analysis of Mount Vernon-Hollywood-Montclair: A Low Diversity, White Majority Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Mount Vernon-Hollywood-Montclair, a neighborhood in Lexington-Fayette, Kentucky, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the neighborhood has a population of 5,286 and a median income of $35,105. The area is located near the University of Kentucky.
Over the past decade, Mount Vernon-Hollywood-Montclair has maintained its status as a Low Diversity, White Majority community. The white population has remained between 78% and 82% from 2013 to 2022. Other racial groups have shown subtle shifts. The Asian population increased from 5% in 2013 to 7% in 2022. The Black population remained around 5-6%. The Hispanic population fluctuated between 2-5%. The population identifying as two or more races increased from 2% in 2013 to 5% in 2022.
The median income in Mount Vernon-Hollywood-Montclair has grown over the past decade. In 2013, it was $24,710. By 2017, it increased to $27,535. In 2021, it reached $39,538. In 2022, it decreased to $35,105, but remained 42% higher than in 2013. This income growth correlates with subtle increases in diversity, particularly in the Asian population and those identifying as two or more races.
The demographic profile of Mount Vernon-Hollywood-Montclair contrasts with national trends towards increasing diversity. While the U.S. has been moving towards a Majority-Minority status, this neighborhood has maintained its White Majority. However, the gradual increase in diversity aligns with broader national patterns, albeit at a slower pace.
The income growth in the neighborhood outpaces the national average. Between 2013 and 2021, the U.S. median household income grew by about 23%, while Mount Vernon-Hollywood-Montclair saw a 60% increase in the same period. This suggests stronger economic growth than the national average, possibly due to its proximity to the university.
Mount Vernon-Hollywood-Montclair remains a Low Diversity, White Majority community. Subtle demographic shifts and significant income growth indicate a neighborhood in transition. These changes suggest a gradual move towards increased diversity and economic prosperity, albeit at a pace slower than national trends.
