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Demographics
Population
Median Income
Racial Distributions
Oxford, Alabama, exhibits a demographic profile categorized as "Low Diversity" as of 2022. The white population comprises 73% of the total, which is slightly below the 75% threshold for this category. The city has experienced moderate population growth from 23,914 in 2010 to 25,840 in 2022. Concurrently, the median income has increased from $54,205 in 2013 to $63,025 in 2022.
Over the past decade, Oxford has maintained a "Low Diversity" classification, with the white population dominating the demographic landscape. However, a gradual trend towards increased diversity is observed. The white population has decreased from 76% in 2013 to 73% in 2022. The black population has increased from 14% to 16% during this period. The Hispanic population has grown from 6% to 7%. The Asian and two or more races categories have also seen small increases. These changes, while modest, indicate a slow transition towards greater diversity.
The demographic shifts correlate with positive economic trends. Median income has increased by approximately 16% from 2013 to 2022, rising from $54,205 to $63,025. This income growth has occurred alongside the gradual diversification of the population, suggesting a potential association between increased diversity and economic opportunities. The population growth of about 8% over the decade indicates that Oxford is attracting new residents, potentially contributing to both economic growth and increasing diversity.
The trends observed in Oxford align with broader national patterns of increasing diversity in many American cities. The gradual nature of these changes suggests a stable community undergoing slow but steady demographic evolution, rather than rapid or disruptive shifts.
Based on the observed trends, Oxford is likely to continue its trajectory towards greater diversity, albeit at a slow pace. If current trends persist, the city may transition from "Low Diversity" to "Moderate Diversity" within the next decade. The white population may decrease to around 70%, while black and Hispanic populations could each reach or exceed 20%. The community might be categorized as a "Transitional Community" in the coming years if the growth rates of Hispanic and multiracial populations accelerate. Economic growth is likely to continue, potentially attracting more diverse populations and further driving this demographic shift.
Oxford remains a predominantly white community with low diversity. It shows signs of gradual change towards a more diverse demographic composition. This evolution, coupled with steady economic growth, suggests a community in slow but steady transition, likely to become more diverse and potentially more economically robust in the coming years.