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Demographic Analysis of Rio Grande Blvd: Hispanic Plurality in a Majority-Minority Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Rio Grande Blvd in Albuquerque, New Mexico, is a Majority-Minority community with a Hispanic plurality. As of 2022, the neighborhood has a population of 4,985 and a median income of $71,481. This area is near the Rio Grande river.
Over the past decade, Rio Grande Blvd has maintained its Majority-Minority status. The Hispanic population has remained the largest group, fluctuating between 49-54%. The white population has been the second-largest group, ranging from 43-47%. The 'two or more races' category has grown from 1% in 2013 to 3% in 2022.
The neighborhood has experienced economic fluctuations over the decade. Median income dropped from $62,734 in 2013 to $52,733 in 2016, before increasing to $88,417 in 2021. It then decreased to $71,481 in 2022. Despite income fluctuations, the population has grown from 4,404 in 2010 to 4,985 in 2022, a 13% increase.
The high Hispanic population aligns with New Mexico's overall demographics, as the state has one of the highest percentages of Hispanic residents in the U.S. The recent income decline might reflect broader economic challenges. The steady population growth in Rio Grande Blvd contrasts with many urban areas that have experienced population declines.
Rio Grande Blvd represents a stable Majority-Minority community with a persistent Hispanic plurality. While it has experienced significant economic fluctuations, the area continues to grow in population. The subtle increases in diversity, particularly in the multiracial category, suggest a gradual trend towards greater diversity in the future. These demographic and economic trends likely reflect both local factors and broader state and national patterns in Hispanic population growth and economic volatility.
