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Demographics
Population
Median Income
Racial Distributions
Residence Park, a neighborhood in Dayton, Ohio, exhibits a demographic profile categorized as "Low Diversity" with a strong Black Majority. As of 2022, the Black population comprises 84% of the neighborhood, while the White population stands at 8%. The median income in 2022 was $30,081, showing an increase from the previous decade. Residence Park is known for its historic significance, featuring many well-preserved early 20th-century homes that reflect the architectural styles of Dayton's industrial boom era.
Over the past decade, Residence Park has maintained its status as a Black Majority neighborhood. The Black population percentage decreased slightly from 87% in 2013 to 84% in 2022, while the White population experienced minor fluctuations. Residents identifying as two or more races increased from 1% in 2013 to 6% in 2022, indicating a gradual transition towards slightly increased diversity.
The median income in Residence Park has shown a positive trend over the decade. Starting from $25,607 in 2013, it decreased to $21,340 in 2015 before steadily increasing to $30,081 in 2022. This represents a 17.5% increase from 2013 to 2022, outpacing inflation for the same period. The population decreased from 5,364 in 2013 to 4,663 in 2022.
The demographic stability of Residence Park contrasts with national trends, where many urban areas have seen increasing diversity over the past decade. However, the economic improvements align with broader post-recession recovery patterns seen across many U.S. cities.
The slight increase in racial diversity, particularly the growth in multi-racial residents, reflects a national trend. The U.S. Census Bureau reported that the multi-racial population grew significantly nationwide between 2010 and 2020.
The neighborhood's median income of $30,081 in 2022 remains below the national median household income, indicating that despite improvements, Residence Park continues to face economic challenges compared to national averages.
Residence Park has maintained its status as a predominantly Black neighborhood with low diversity, while experiencing positive economic trends and subtle demographic shifts. These changes, coupled with the area's historic character, suggest a neighborhood in slow transition, balancing its cultural identity with gradual economic improvement and increasing, albeit limited, diversity.