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Demographic Analysis of Reservorir Neighborhood: White Majority and Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Reservorir neighborhood in Lexington-Fayette, Kentucky, exhibits a Low Diversity demographic profile with a White Majority of 81% as of 2022. The neighborhood's population has remained stable at approximately 10,000 residents over the past decade. Reservorir has a median income of $84,999 in 2022, indicating its affluent status within the urban county. The neighborhood's proximity to the University of Kentucky likely influences its demographic composition and economic characteristics.
Over the past decade, Reservorir has maintained its status as a Low Diversity, White Majority community. The percentage of white residents has decreased from 86% in 2014 to 81% in 2022. The Hispanic population has grown from 1% in 2014 to 7% in 2022. Asian and Black populations have shown slight fluctuations, comprising 5% and 6% of the population in 2022, respectively. Despite these changes, the neighborhood has not transitioned to a new diversity category.
The median income in Reservorir has increased from $75,618 in 2014 to $84,999 in 2022, a 12.4% rise. This income growth correlates with the demographic shifts, suggesting that incoming diverse populations are of similar or higher economic status. The neighborhood's proximity to the University of Kentucky may contribute to its economic stability and gradual diversification.
Reservorir's trend towards increased diversity aligns with broader national patterns of suburban and near-urban areas becoming more racially and ethnically diverse. The neighborhood's high median income and gradual diversification suggest a pattern of "suburban diversity," where affluent suburbs are becoming more diverse while maintaining economic stability.
The growth of the Hispanic population in Reservorir is part of a larger trend seen across many parts of the United States, where Hispanic communities are expanding beyond traditional gateway cities into new areas, including college towns and affluent suburbs.
Reservorir remains a predominantly white, affluent neighborhood but shows signs of a gradual transition towards greater diversity. This change, coupled with rising median incomes, suggests a pattern of inclusive economic growth. The influence of the nearby university likely plays a role in this evolution, potentially attracting a more diverse, highly educated population to the area.
