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Demographic Analysis of Owens Park: A Low Diversity, White Majority Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Owens Park, a neighborhood in Richardson, Texas, exhibits a demographic profile characterized by low diversity with a strong white majority. As of 2022, the white population comprises 80% of the neighborhood, with a median income of $125,028. Owens Park is known for its well-maintained green spaces and community-focused amenities.
Over the past decade, Owens Park has consistently maintained its status as a white majority community, with the percentage of white residents remaining above 69% throughout the period. From 2013 to 2016, the neighborhood experienced a slight increase in diversity, with the white population decreasing from 82% to 69%. Post-2016, there was a reversal of this trend, with the white population steadily increasing back to 80% by 2022, solidifying the neighborhood's status as low diversity.
The Asian population has fluctuated, peaking at 16% in 2015 but settling at 9% by 2022. Hispanic representation has been variable, reaching a high of 11% in 2016 but decreasing to 9% by 2022. The economic profile of Owens Park has shown steady growth, correlating with its demographic stability.
Median income has increased from $115,785 in 2013 to $125,028 in 2022, representing an 8% growth over the decade. The highest median income was recorded in 2021 at $130,868, coinciding with the period of lowest diversity (86% white population). Despite minor fluctuations, the overall trend shows a positive correlation between the increasing white majority and rising median incomes.
When compared to national trends, Owens Park stands out in several ways. While many urban areas across the US have been experiencing increasing diversity, Owens Park has maintained and even strengthened its white majority status. The median income in Owens Park is significantly higher than the national average, which was around $70,784 in 2021. The stability of the racial composition in Owens Park contrasts with the national trend of increasing racial diversity in suburbs, particularly in terms of Asian and Hispanic populations.
Owens Park presents a picture of demographic and economic stability, maintaining its status as a predominantly white, affluent neighborhood over the past decade. While there were minor fluctuations in diversity, particularly between 2013 and 2016, the overall trend has been towards reinforcing its low diversity, white majority status. This stability correlates with steady economic growth, as evidenced by the rising median incomes. The neighborhood's ability to maintain this demographic and economic profile amidst broader national trends towards increased diversity in suburban areas suggests a unique local dynamic.
