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Demographic Analysis of Pecan Neighborhood: Low Diversity and White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Pecan neighborhood in Denton, Texas, exhibits characteristics of Low Diversity, with a White Majority comprising 83% of the population as of 2022. The median income has grown over the past decade, reaching $54,959 in 2022. Pecan is known for its historic architecture and tree-lined streets.
Pecan has consistently maintained its status as a White Majority community, falling under the Low Diversity category. From 2013 to 2016, the neighborhood showed signs of moving towards Moderate Diversity, with the White population decreasing from 75% to 72% and Hispanic and Asian populations increasing slightly. Post-2016, there was a reversal of this trend, with the White population steadily increasing to 83% by 2022, further solidifying its Low Diversity status. The Hispanic population, which peaked at 14% in 2016-2017, has since declined to 10% in 2022.
The demographic shifts correlate with economic changes. The period of increasing diversity (2013-2016) coincided with relatively stagnant median incomes, ranging from $39,543 to $40,895. As the neighborhood became less diverse post-2016, there was a significant uptick in median income, rising from $42,526 in 2017 to $54,959 in 2022, a 29% increase. The population has fluctuated over the years, with a notable dip in 2020 but has since rebounded to 4,295 in 2022.
Pecan's trend contrasts with many urban areas across the United States that have generally become more diverse. The increasing median income aligns with national trends of economic recovery post-2008 recession and particularly strong growth in the years leading up to the pandemic.
The neighborhood's demographic evolution suggests a potential gentrification process, where rising property values may be attracting a more affluent, predominantly White population. This trend could be part of a broader pattern seen in many desirable, historic neighborhoods across the country.
Pecan presents a case of a neighborhood that has reversed the national trend towards increased diversity, instead consolidating its status as a predominantly White, increasingly affluent area. This evolution raises questions about housing affordability, community dynamics, and the factors driving these demographic and economic shifts in Denton.
