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Demographics
Population
Median Income
Racial Distributions
The Savanna neighborhood in Fayetteville, Arkansas, exhibits a demographic profile characterized by low diversity and high affluence. As of 2022, it is categorized as "Low Diversity," with a white population of 89%. The median income of $156,599 in 2022 is significantly above the national average, indicating a wealthy enclave within Fayetteville. Savanna's proximity to the University of Arkansas may influence its demographic composition and economic status.
Over the past decade, Savanna has maintained its status as a "Low Diversity" neighborhood. The white population has remained dominant, never falling below 82% throughout the period. The most notable change has been the gradual increase in the Asian population, rising from 2% in 2013 to 10% in 2022. Other racial groups have shown minimal fluctuation, with Black, Hispanic, and other categories remaining consistently low or non-existent in the data. The white population has seen a slight decrease from 85% in 2013 to 89% in 2022, primarily offset by the increase in the Asian population.
The neighborhood's economic profile has shown fluctuations correlating with its demographic shifts. The median income has grown from $136,868 in 2013 to $156,599 in 2022, indicating a general trend of increasing affluence. There was a notable dip in median income between 2015 and 2017, dropping from $141,241 to $120,999, coinciding with a slight increase in diversity, particularly in the Asian population. From 2019 to 2022, there was a significant increase in median income, jumping from $143,332 to $156,599, correlating with a slight increase in the white population percentage and a stabilization of the Asian population growth.
The proximity to the University of Arkansas might explain the gradual increase in the Asian population, possibly due to international faculty or students choosing to reside in this affluent area. The median income in Savanna is significantly higher than the national median household income, indicating that this neighborhood is particularly wealthy. Despite being in a university town, which often leads to increased diversity, Savanna has maintained its low diversity status. This suggests it may be a preferred enclave for established, affluent residents, possibly including university administrators or successful professionals. The population has remained relatively stable over the decade, with only minor fluctuations, indicating a settled community with low turnover.
In conclusion, while Savanna has seen some minor shifts towards increased diversity, primarily through growth in its Asian population, it remains a predominantly white, highly affluent neighborhood. The economic trends suggest a correlation between periods of slightly increased diversity and fluctuations in median income, with recent years showing a trend towards even higher affluence and a slight reversal of diversification. This pattern may indicate a complex interplay between demographic changes and economic factors in this university-adjacent, wealthy enclave.