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Demographics
Population
Median Income
Racial Distributions
The Old Northwest - West University neighborhood in Reno, Nevada demonstrates a White Majority demographic composition, with 72% of the population identifying as white in 2022. The area is classified as having Low Diversity. Economically, the neighborhood has experienced significant income growth over the past decade, with the median income increasing from $46,499 in 2013 to $56,209 in 2022. The neighborhood's proximity to the University of Nevada, Reno likely influences its demographic makeup and economic characteristics.
Over the past decade, the Old Northwest - West University neighborhood has maintained its status as a White Majority area. The white population has remained relatively stable, fluctuating between 71% and 74% from 2013 to 2022. There have been subtle shifts in other racial groups. The Hispanic population increased from 14% in 2013 to 15% in 2022. The Asian population decreased slightly from 7% in 2013 to 5% in 2022. The Black population remained relatively stable, increasing slightly from 2% to 3% over the decade.
The neighborhood has experienced significant economic growth over the past decade. Median income increased from $46,499 in 2013 to $56,209 in 2022, representing a 20.9% growth. A notable spike occurred in 2021, with median income reaching $63,841, before adjusting downward in 2022. This economic growth coincides with the slight increase in diversity, particularly the growth in the Hispanic population. Population trends have remained relatively stable, with only minor fluctuations between 21,000 and 22,500 residents throughout the decade.
The trends observed in the Old Northwest - West University neighborhood align with broader national trends of slow but steady increases in diversity in many urban areas. However, the neighborhood's rate of diversification appears to be slower than national averages. The economic growth in this neighborhood outpaces the national average for median income growth, which was approximately 11% from 2013 to 2022. This suggests that the Old Northwest - West University area is becoming increasingly affluent relative to national standards.
The stability of the white majority in this neighborhood, despite economic growth, may be influenced by its proximity to the university, which could be attracting a consistent demographic of students and faculty that maintains the area's racial composition.
In conclusion, while the Old Northwest - West University neighborhood remains categorized as a White Majority area with Low Diversity, subtle shifts in demographics and significant economic growth suggest a slow transition towards potentially increased diversity in the future. The area's unique characteristics, likely influenced by its university proximity, contribute to its distinct demographic and economic profile within the broader context of Reno and national trends.