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Demographics
Population
Median Income
Racial Distributions
Ocean Avenue, a neighborhood in Portland, Maine, is characterized as a predominantly White Majority community with Low Diversity. As of 2022, the neighborhood has a population of 3,753 and a median income of $79,551. Ocean Avenue is known for its scenic views of Casco Bay and proximity to popular beaches.
Over the past decade, Ocean Avenue has maintained its status as a White Majority area. From 2013 to 2019, the neighborhood experienced a gradual decrease in the white population, from 96% to 88%. Despite this trend, the community has remained in the Low Diversity category throughout the period, with the white population never falling below 88%.
There has been a slight increase in minority populations, particularly in Asian and Black residents, though these changes have been minimal. The Hispanic population has shown some fluctuation, ranging from 1% to 3% over the years, but without a clear upward trend. By 2022, there was a notable increase in the "Other" racial category (4%).
The economic landscape of Ocean Avenue has shown significant changes over the decade. Median income has increased substantially, from $68,250 in 2013 to $79,551 in 2022, representing a 16.6% increase. There was a notable spike in median income in 2021 to $94,313. The population has remained relatively stable, with minor fluctuations.
The increasing median income, coupled with the maintained White Majority status, indicates that the neighborhood has likely become more affluent while retaining its existing demographic character.
The trend of increasing median income in Ocean Avenue aligns with broader national trends of economic recovery and growth in the post-2008 recession era. The slow pace of diversification in Ocean Avenue contrasts with many urban areas across the U.S. that have experienced more rapid demographic changes. The stability of the neighborhood's population suggests it has not experienced the rapid growth or decline seen in some urban areas.
Ocean Avenue presents a picture of a stable, predominantly white, and increasingly affluent neighborhood. While there are minor shifts towards greater diversity, these changes have been gradual and have not fundamentally altered the neighborhood's demographic character. The economic trajectory suggests a community that is becoming more prosperous, which may have implications for affordability and could potentially influence future demographic shifts.