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Demographic Analysis of Old Prospect: A Predominantly White Neighborhood with Subtle Diversity Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Old Prospect, a neighborhood in Fort Collins, Colorado, exhibits a low diversity demographic profile with a white majority of 84% in 2022. The area has experienced significant population growth over the past decade, increasing from 705 residents in 2010 to 1,292 in 2022. The neighborhood's median income has remained relatively stable, around $60,000 in recent years. Old Prospect is characterized by its historic charm, featuring well-preserved homes from the early 20th century.
Throughout the analyzed period, Old Prospect has maintained its low diversity status, with the white population remaining dominant. The Hispanic population has shown a gradual increase from 3% in 2013 to 10% in 2022. The Asian population emerged as a small presence from 2018 onwards, reaching 2% in 2022. The "Two or More Races" category has grown from 1% in 2013 to 2% in 2022. These changes indicate a slow transitional community trend.
The median income in Old Prospect has fluctuated over the years. From a high of $64,866 in 2014, it declined to $50,852 in 2018, before recovering to $61,850 in 2022. The period of income decline coincided with initial increases in Hispanic and Asian populations, while the recent income recovery aligns with the stabilization of racial percentages.
The demographic shifts in Old Prospect are less pronounced compared to national trends. The neighborhood's 84% white majority in 2022 contrasts with the national figure of around 60% non-Hispanic white. Economically, Old Prospect's median income of $61,850 in 2022 is slightly higher than the national median household income of approximately $70,784 for the same year.
The population growth in Old Prospect (83% increase from 2010 to 2022) significantly outpaces the national average of around 7% for a similar period. This rapid growth, combined with slight increases in diversity, suggests that the neighborhood is attractive to a broader range of residents.
In conclusion, Old Prospect remains a predominantly white, low-diversity neighborhood. However, subtle demographic shifts and steady population growth indicate a slow transition towards greater diversity. The economic resilience of the area, as evidenced by the recovery in median income, suggests that these changes are occurring within a context of relative prosperity and stability.
