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Demographic Analysis of Osgood Neighborhood: Low Diversity and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Osgood neighborhood in Fargo, North Dakota, exhibits a Low Diversity demographic profile with a White Majority comprising 94% of the population in 2022. The neighborhood's population increased from 5,515 residents in 2010 to 11,234 in 2022. Osgood is an affluent area with a median income of $107,569 in 2022, higher than the national median. The neighborhood is known for its rapid development and modern suburban amenities, attracting young families and professionals.
Throughout the period from 2013 to 2022, Osgood maintained a Low Diversity categorization with a strong White Majority. The white population remained above 90% for the entire decade, with slight fluctuations. The white population percentage decreased from 94% in 2013 to 91% in 2019, before rising to 94% in 2022. The Asian population reached 1% by 2020. The Black population increased from 0% to 3% in 2022. The Native American population emerged at 1% in recent years.
The economic trajectory of Osgood has been positive. Median income increased from $92,291 in 2013 to $107,569 in 2022, a 16.5% increase over the decade. There was a spike in median income to $125,969 in 2021, followed by a decrease in 2022. The population grew from 7,592 in 2013 to 11,234 in 2022, a 48% increase, suggesting strong economic opportunities attracting new residents.
The consistent increase in median income correlates with the maintained White Majority status, suggesting that the neighborhood's economic prosperity may be attracting or retaining affluent white residents primarily. The recent slight increases in minority populations, particularly Black and Asian residents, might indicate that the area's economic success is beginning to draw a more diverse population.
Osgood's demographic profile and economic trends can be contextualized. The neighborhood's racial homogeneity contrasts with national trends towards increasing diversity in urban and suburban areas. The median income in Osgood ($107,569 in 2022) is higher than the national median income (approximately $70,784 in 2021), indicating that this is a particularly affluent suburb. The rapid population growth in Osgood outpaces the national average, suggesting that Fargo, and particularly this neighborhood, is experiencing stronger economic growth than many other parts of the country.
Osgood remains a predominantly white, affluent suburb, with early indications of increasing diversity. The neighborhood's strong economic performance and population growth suggest it may be poised for further demographic changes in the coming years, potentially transitioning towards a more diverse community if current trends continue and accelerate.
