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Demographics
Population
Median Income
Racial Distributions
The Riverside neighborhood in Nashville, Tennessee, is classified as a "Low Diversity" community with a "White Majority" (87% white) as of 2022. The neighborhood has a median income of $104,923, indicating an affluent area within Nashville. Riverside is situated near the Cumberland River, which may influence its characteristics and property values.
Over the past decade, Riverside has maintained its status as a "Low Diversity" community with a strong "White Majority." The white population has consistently remained above 80% during this period, with minor fluctuations. The Asian population decreased from 9% in 2013 to 3% in 2022. The Black population has shown slight variations, ranging from 2% to 8%, settling at 5% in 2022. The Hispanic population has remained relatively stable, hovering around 2-3% since 2015.
The median income in Riverside has shown significant growth over the past decade. In 2013, the median income was $96,320. By 2022, it had increased to $104,923, with peaks of over $120,000 in 2019 and 2021. This upward trend in median income correlates with the neighborhood's consistent "White Majority" status and suggests a pattern of increasing affluence.
The stability in racial composition, combined with rising incomes, may indicate that the area is becoming increasingly desirable for high-income residents, potentially driving up property values and cost of living. Population figures have shown a gradual increase from 2,401 in 2010 to 2,724 in 2022. This growth, coupled with rising incomes, suggests that Riverside is an attractive neighborhood for new residents.
Riverside's demographic stability contrasts with national trends towards increasing diversity in many urban areas. The neighborhood's significant income growth outpaces national averages, indicating it may be part of a broader gentrification trend seen in many U.S. cities. The low Hispanic population (2-3%) is notable given the general increase in Hispanic populations in many U.S. urban areas over the past decade.
Riverside presents a picture of a stable, affluent, predominantly white neighborhood that has seen economic growth without significant demographic shifts. This stability in the face of broader urban demographic changes suggests that Riverside may have unique attributes that have maintained its character over the past decade.