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Demographics
Population
Median Income
Racial Distributions
Netherwood Park, a neighborhood in Albuquerque, New Mexico, exhibits a White Majority community with moderate diversity as of 2022. The white population comprises 54% of the neighborhood, while the Hispanic population represents 30%. The median income in 2022 was $63,632, indicating a middle-class demographic. Netherwood Park's proximity to the University of New Mexico likely influences its demographic and economic characteristics.
Over the past decade, Netherwood Park has experienced a transition in its racial composition. In 2013, the neighborhood was categorized as a White Majority area with low diversity, with whites comprising 61% of the population and Hispanics at 29%. By 2022, while still maintaining a White Majority status, the community shifted towards Moderate Diversity. The white population decreased to 54%, while the Hispanic population increased to 30%. This change indicates a gradual trend towards increased diversity.
The most significant shift occurred between 2019 and 2020, where the white population dropped from 60% to 53%, while the Hispanic population increased from 28% to 36%. This change could potentially categorize 2020 as a Transitional Community year, marking a significant point in the neighborhood's demographic evolution.
The median income in Netherwood Park has fluctuated over the years, showing an overall upward trend. In 2013, the median income was $63,623, which is similar to the 2022 figure of $63,632. There were significant variations in between, with the lowest point in 2016 at $45,307 and the highest in 2021 at $70,887.
The years of lowest median income (2014-2016) coincided with a period of relatively stable racial composition, suggesting that economic factors during this time may have affected all racial groups similarly. The subsequent increase in income from 2017 onwards correlates with the gradual shift towards increased diversity, potentially indicating that the neighborhood's economic recovery attracted a more diverse population.
The demographic shifts observed in Netherwood Park align with broader trends seen in many urban areas across the United States, where increased diversity is becoming more common, especially in university-adjacent neighborhoods. The stability of the median income over the decade, despite fluctuations, suggests a resilient local economy, possibly buffered by the presence of the university.
The gradual increase in diversity, particularly the growth of the Hispanic population, reflects broader demographic trends in New Mexico and the Southwest. However, Netherwood Park's maintenance of a White Majority status sets it apart from many areas in Albuquerque, which often have a Hispanic plurality or majority.
Netherwood Park's evolution over the past decade demonstrates a gradual shift towards increased diversity while maintaining economic stability. This trend suggests a neighborhood in transition, balancing its traditional demographic makeup with the changing face of urban America, likely influenced by its proximity to a major university and broader regional demographic shifts.