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Demographics
Population
Median Income
Racial Distributions
Old Colorado City, a neighborhood in Colorado Springs, Colorado, is characterized by low diversity with a white majority. As of 2022, 78% of the population identifies as white. The neighborhood's median income was $59,440 in 2022. Old Colorado City is one of the oldest areas in Colorado Springs, with a history dating back to the 1850s gold rush.
Over the past decade, Old Colorado City has maintained its status as a low diversity area with a white majority. The white population decreased slightly from 80% in 2013 to 78% in 2022. The Hispanic population remained relatively stable between 11-15% over the decade. The "Two or More Races" category increased from 3% in 2013 to 7% in 2022. These changes suggest a slow trend towards increased diversity.
The median income in Old Colorado City has shown overall growth, increasing from $54,315 in 2013 to $59,440 in 2022, representing a 9.4% increase over the decade. A significant increase occurred between 2020 and 2021, with income rising from $59,932 to $66,519, followed by a decrease in 2022.
The economic changes correlate with the subtle demographic shifts. The gradual increase in median income aligns with the slight increase in diversity, potentially indicating that the neighborhood is attracting a more diverse, economically stable population. The population has remained relatively stable, suggesting that demographic changes are more likely due to gradual population turnover rather than rapid influx or exodus.
Old Colorado City's changes align with broader national trends of increasing diversity in suburban and urban areas, although the pace of change is slower compared to national averages. The economic growth in Old Colorado City appears to be slower than the national average. The U.S. median household income grew from $51,939 in 2013 to $70,784 in 2021, a 36.3% increase, outpacing Old Colorado City's growth rate.
Old Colorado City presents a picture of gradual, subtle change. While still categorized as low diversity with a white majority, there are early indicators of a potential transition towards greater diversity. This slow evolution, coupled with moderate economic growth, suggests a community that is changing, but at a pace that allows for gradual adaptation rather than rapid transformation. The preservation of its historical character may be a factor in this measured pace of change, balancing new influences with established community identity.