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Demographics
Population
Median Income
Racial Distributions
Prospect at Spring Meadows in Fort Collins, Colorado, is classified as a Low Diversity neighborhood with a White Majority. As of 2022, the white population constitutes 84% of the community, with a median income of $61,850. The neighborhood has experienced significant population growth, increasing from 702 residents in 2010 to 1,287 in 2022. Prospect at Spring Meadows is notable for its innovative urban planning approach, incorporating a mix of housing types and emphasizing walkability and community spaces.
From 2013 to 2022, Prospect at Spring Meadows has maintained its status as a Low Diversity neighborhood with a White Majority. However, there are indications of a gradual shift towards increased diversity. The white population percentage has decreased from 95% in 2013 to 84% in 2022. The Hispanic population has grown from 3% in 2013 to 10% in 2022. Asian representation has increased from 0% to 2% over the decade. A small Native American population (1-2%) has emerged in recent years.
The median income in Prospect at Spring Meadows has fluctuated over the years. It reached a peak of $64,866 in 2014 before declining to $50,852 in 2018. Since 2018, there has been a steady recovery, with the 2022 median income reaching $61,850. These economic shifts appear to correlate with the demographic changes. The period of income decline (2014-2018) coincides with the initial increase in Hispanic population and the emergence of other minority groups. The recent income recovery (2018-2022) aligns with a stabilization of the demographic mix.
The gradual diversification of Prospect at Spring Meadows reflects broader national trends of increasing diversity in suburban areas. The neighborhood's pace of change is slower than many urban areas across the U.S. The income fluctuations may indicate broader economic trends affecting the region.
The significant population growth (83% increase from 2010 to 2022) is notable and could be a driving factor in the demographic shifts. This growth rate outpaces the national average and suggests that Prospect at Spring Meadows is an attractive destination for new residents, potentially drawing a more diverse population than its historical makeup.
Prospect at Spring Meadows remains categorized as a Low Diversity, White Majority neighborhood. The data indicates a slow but steady trend towards increased diversity. This gradual shift, coupled with recent economic recovery, suggests a community in transition, potentially moving towards a more diverse and economically stable future. The neighborhood's urban planning approach may be a factor in attracting a broader range of residents, contributing to these evolving demographics.