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Demographics
Population
Median Income
Racial Distributions
Riverview, a neighborhood in Elkhart, Indiana, is characterized as a Low Diversity community with a White Majority. As of 2022, 90% of the population identifies as white, with a median income of $54,266. The neighborhood has maintained a stable population of approximately 1,000-1,200 residents over the past decade.
Over the past decade, Riverview has consistently maintained its status as a Low Diversity, White Majority community. From 2013 to 2016, the neighborhood showed potential for transitioning towards Moderate Diversity, with the Hispanic population peaking at 21% in 2014. However, from 2017 to 2019, the community reverted to a more homogeneous composition, with the white population consistently above 75%. From 2020 to 2022, the neighborhood further solidified its Low Diversity status, with the white population reaching 90-91% in recent years.
The median income in Riverview has experienced notable fluctuations over the past decade. From 2013 to 2018, there was a significant upward trend, rising from $45,915 in 2013 to a peak of $69,888 in 2018. This period coincided with the time of greatest racial diversity in the neighborhood. From 2019 to 2022, the median income decreased and stabilized around $54,000-$55,000. This decline aligns with the period of decreasing diversity and increasing white majority.
Riverview's demographic trends appear to contrast with national trends of increasing diversity in many urban and suburban areas. The neighborhood's reversion to a strong white majority in recent years is notable, especially given the brief period of increased diversity earlier in the decade.
The economic trajectory of Riverview, with its peak in 2018 followed by a moderate decline, may reflect broader economic patterns seen in many Midwestern communities. The stability of the median income around $54,000-$55,000 in recent years suggests a degree of economic resilience, even as the community has become less diverse.
Riverview presents a case of a neighborhood that briefly experienced increased diversity but has since reinforced its status as a Low Diversity, White Majority community. The economic implications of these demographic shifts, particularly the correlation between peak diversity and peak median income, warrant further investigation into the relationship between racial composition and economic prosperity in small Midwestern communities.