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Demographics
Population
Median Income
Racial Distributions
Park Place, a neighborhood in Oregon City, Oregon, exhibits a demographic profile characterized by low diversity with a substantial White majority of 85% in 2022. The area has maintained a relatively homogeneous racial composition over the past decade, despite minor fluctuations. Economically, Park Place has a high median income of $103,331 in 2022, significantly above the national average. This affluent, predominantly White community has experienced steady population growth, indicating its desirability as a residential area.
Throughout the 2013-2022 period, Park Place has consistently fallen under the Low Diversity category, with the White population never dropping below 85%. There have been subtle shifts within this overall stability. The White population has slightly decreased from 93-94% in 2016-2017 to 85% in 2021-2022. The Hispanic population has fluctuated between 2-7%, with a recent increase to 6% in 2022. The population identifying as Two or More Races has increased from 2-3% in earlier years to 7% in 2022. The Asian population has remained relatively stable at 1-2% throughout the period. The Black population had a negligible presence until 2021-2022, when it reached 1%.
The neighborhood has experienced significant economic growth. The median income increased from $92,561 in 2013 to $103,331 in 2022, an 11.6% rise. The population grew from 5,909 in 2013 to 6,650 in 2022, a 12.5% increase. The parallel growth in income and population suggests that Park Place has become increasingly attractive to affluent residents, potentially reinforcing its demographic homogeneity. The slight increase in diversity has not led to any noticeable decline in median income, indicating that new residents from diverse backgrounds may also be relatively affluent.
Park Place's demographic composition contrasts with national trends towards increasing diversity. Its high median income and slow pace of diversification suggest it may be somewhat insulated from broader demographic shifts occurring in many urban and suburban areas across the United States. The gradual increase in the Hispanic population and those identifying as two or more races aligns with national trends, but at a much slower pace. The neighborhood's economic prosperity, coupled with its racial homogeneity, raises questions about potential barriers to entry for more diverse populations, whether these are economic, cultural, or related to housing policies.
Park Place shows early signs of transitioning towards slightly greater diversity, but it remains a predominantly White, affluent enclave. The coming years will be crucial in determining whether these small shifts in racial composition accelerate or whether the neighborhood's economic status continues to reinforce its current demographic structure.