Loading Content...
Demographic Analysis of Powers Neighborhood: White Majority and Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Powers neighborhood in Colorado Springs, Colorado, demonstrates characteristics of a White Majority community with moderate diversity. As of 2022, the white population comprises 68% of the area, with a Hispanic presence of 17%. The neighborhood has experienced population growth over the past decade, reaching 51,440 residents in 2022. Powers has a median income of $93,484 in 2022, which is above the national average. The area is characterized by newer housing developments and proximity to military installations.
Over the past decade, Powers has maintained its status as a White Majority community, but with a gradual trend towards increased diversity. The white population decreased from 72% in 2013 to 68% in 2022. The Hispanic population increased from 13% in 2013 to 17% in 2022. These changes suggest a slow transition towards a more diverse community composition.
The Black and Asian populations have remained relatively stable, each representing about 3-4% of the community throughout the decade. There has been an increase in residents identifying as two or more races, growing from 5% in 2013 to 6% in 2022, with a peak of 7% in 2020-2021.
The demographic shifts in Powers correlate with an upward trend in median income. The median income rose from $87,560 in 2013 to $93,484 in 2022, with a peak of $98,233 in 2021. This economic growth suggests that the increasing diversity has not negatively impacted the neighborhood's affluence. The population growth from 43,274 in 2013 to 51,440 in 2022 indicates that Powers remains an attractive neighborhood for new residents.
The trends observed in Powers align with broader national patterns of increasing diversity in suburban areas, particularly those near military installations. The gradual increase in Hispanic population mirrors trends seen in many parts of Colorado and the broader Southwest United States. Powers' median income growth outpaces many similar communities nationally, suggesting that it has been successful in attracting and retaining high-earning residents despite its increasing diversity.
Powers shows signs of a Transitional Community, slowly moving from a predominantly White Majority area towards one of Moderate Diversity. This transition has been accompanied by economic growth, suggesting a correlation between increasing diversity and economic prosperity in this neighborhood.
