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Demographics
Population
Median Income
Racial Distributions
The Quarry Triangle neighborhood in Marion, Indiana, exhibits a low diversity demographic profile with a white majority of 85% as of 2022. This predominantly white community has maintained its racial composition over the past decade, though subtle shifts have occurred. Economically, the neighborhood has experienced significant fluctuations in median income, suggesting a dynamic local economy. The neighborhood's name likely refers to a historical limestone quarry in the area, which may have influenced its development and community character.
Throughout the 2013-2022 period, Quarry Triangle has consistently maintained a "Low Diversity" classification. The white population has remained above 75% throughout this period, ranging from 85% to 96%. The percentage of residents identifying as two or more races fluctuated, peaking at 9% in 2015 before declining to 2% in 2017-2019, then rising again to 7% by 2022. The Hispanic population, while small, has shown growth from 0-1% in earlier years to 5-6% in recent years (2020-2022). The Black population remained relatively stable at 1-3% throughout the decade. These shifts suggest a slight trend towards increased diversity, though not enough to change the neighborhood's overall classification from "Low Diversity."
The median income in Quarry Triangle has shown significant volatility. From 2013 to 2019, median income fluctuated between $48,374 and $54,401, showing relative stability. A dramatic increase occurred in 2020 and 2021, with median income reaching $67,371 and $78,497 respectively. In 2022, there was a sharp decline to $56,730, though still higher than pre-2020 levels. These economic fluctuations do not appear to directly correlate with the subtle demographic shifts. The significant income increase in 2020-2021 might be attributed to broader economic factors or changes in the local job market, rather than demographic changes.
Population trends show minor fluctuations, with a low of 1,109 in 2017 and a high of 1,360 in 2022. The recent population growth coincides with the increased median income, suggesting possible economic opportunities attracting new residents.
The persistently high white majority in Quarry Triangle contrasts with national trends towards increasing diversity in many urban and suburban areas. The recent increase in the Hispanic population, albeit small, aligns with broader national trends of growing Hispanic communities in various parts of the country. The significant median income fluctuations, particularly the sharp rise and fall between 2020 and 2022, may reflect local economic factors unique to Marion or this specific neighborhood, as such dramatic swings are not typical of broader national income trends.
While Quarry Triangle has maintained its status as a low diversity, predominantly white neighborhood over the past decade, subtle shifts towards increased diversity are evident. The economic volatility, particularly in recent years, suggests a dynamic local economy that may be influenced by factors beyond demographic changes. Further investigation into local economic drivers and community initiatives could provide more insight into these trends and their impact on the neighborhood's future development.