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Demographics
Population
Median Income
Racial Distributions
Parkland, a neighborhood in Louisville, Kentucky, exhibits a demographic profile categorized as "Low Diversity." As of 2022, 92% of the population identifies as Black, classifying Parkland as a Black Majority community. The neighborhood's median income was $32,641 in 2022. Parkland is one of Louisville's oldest African American neighborhoods, with origins dating back to the late 19th century.
Over the past decade, Parkland has maintained its status as a Black Majority community. From 2013 to 2019, the Black population percentage decreased slightly from 89% to 83%. This trend reversed from 2020 onwards, with the Black population percentage increasing to 92% by 2022. The Hispanic population increased from 2% in 2013 to 5% in 2017, before declining to 1% by 2022. The White population fluctuated between 3% and 8% throughout the decade, ending at 3% in 2022.
Parkland's economic landscape has undergone significant changes over the past decade. Median income rose from $23,884 in 2013 to a peak of $39,594 in 2021, a 65.8% increase. However, there was a sharp decline to $32,641 in 2022, a 17.6% decrease from the previous year. Despite this recent decline, the overall trend shows a 36.7% increase in median income from 2013 to 2022.
The economic shifts correlate with the demographic changes. The period of increasing diversity (2013-2019) coincided with a steady rise in median income. The recent reinforcement of the Black Majority (2020-2022) occurred alongside the most significant income increases.
Parkland's median income of $32,641 is significantly below the 2022 United States median household income of approximately $70,784, indicating persistent economic challenges despite recent improvements. The sharp increase in Black population percentage from 2020 to 2022 could be related to broader national trends. The recent decline in median income from 2021 to 2022 might reflect broader economic challenges faced nationwide.
Parkland has maintained its status as a predominantly Black, Low Diversity neighborhood over the past decade while experiencing notable economic fluctuations. These changes suggest a complex interplay between racial demographics and economic conditions, reflecting both local dynamics and broader national trends. The neighborhood's increase in median income over a decade, despite recent setbacks, indicates resilience and potential for further economic development within its established community structure.