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Demographics
Population
Median Income
Racial Distributions
Point Place, a neighborhood in Toledo, Ohio, is classified as a "Low Diversity" community with a "White Majority." As of 2022, 85% of the population identifies as white. The neighborhood's median income in 2022 was $56,088. Point Place is located on a peninsula between the Maumee River and Maumee Bay, which has influenced its development and community identity.
Over the past decade, Point Place has maintained its status as a "Low Diversity" area with a "White Majority." The white population percentage has fluctuated slightly, from 87% in 2013 to 85% in 2022. There has been a gradual increase in Hispanic representation, from 5% in 2013 to 7% in 2022. The black population has remained relatively stable at 4-6% throughout the decade. The "Two or More Races" category increased from 1% in 2013 to 4% in 2022.
The median income in Point Place has shown fluctuations over the years. It peaked at $54,889 in 2016, dropped to $50,577 in 2019, and then increased to $56,088 by 2022. The overall increase in median income from $53,738 in 2013 to $56,088 in 2022 suggests a modest economic improvement. The population has experienced a slight decline, from 16,236 in 2013 to 15,156 in 2022.
The demographic trends in Point Place reflect broader national patterns to some extent. The slow increase in diversity, particularly in the Hispanic and multiracial categories, aligns with national trends of growing diversity in suburban and previously homogeneous areas. However, the pace of diversification in Point Place is slower compared to national averages. The economic fluctuations, particularly the dip around 2019 and subsequent recovery, mirror national economic trends influenced by factors such as the COVID-19 pandemic.
Point Place remains a predominantly white, low-diversity neighborhood. Subtle demographic shifts and economic fluctuations over the past decade suggest gradual changes. These trends indicate that while the community maintains its traditional character, it is experiencing broader societal shifts towards increased diversity and economic variability. The community faces the challenge of navigating these changes while maintaining its unique identity as a waterfront community in Toledo.