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Demographics
Population
Median Income
Racial Distributions
Seward Hall, a neighborhood in Franklin, Tennessee, is classified as a Low Diversity community with a White Majority. As of 2022, the white population constitutes 80% of the area's residents. The neighborhood is characterized by its affluence, with a median income of $157,905 in 2022, which exceeds the national average. Seward Hall is situated in Franklin, an area known for its Civil War history and 19th-century architecture.
Over the past decade, Seward Hall has maintained its status as a Low Diversity community with a White Majority. However, subtle demographic shifts have occurred. The white population has decreased from 85% in 2017 to 80% in 2022. The Asian population has increased from 4% in 2013 to 7% in 2022, representing the most significant change in racial composition. Black and Hispanic populations have each grown from 3% in 2017 to 4% in 2022. The multiracial population has increased from 1% in 2017 to 3% in 2022.
These demographic changes have occurred alongside economic growth. The median income has risen from $128,194 in 2013 to $157,905 in 2022, a 23% increase over nine years. The population has grown from 20,180 in 2013 to 33,471 in 2022, a 66% increase. The correlation between demographic shifts and economic trends suggests that increasing diversity might be linked to the area's economic prosperity.
The trends observed in Seward Hall align with broader national patterns of increasing diversity in affluent suburbs. However, the pace of diversification in Seward Hall appears to be slower than national averages. The neighborhood's high median income and rapid population growth indicate that Seward Hall is a desirable area experiencing significant development and influx of new residents.
The gradual increase in diversity, coupled with strong economic growth, suggests that Seward Hall may be in the early stages of a demographic transition. While it remains a predominantly white, affluent area, the slow but steady increases in minority populations and the growing multiracial community could indicate a future trend towards greater diversity. This evolution may bring both opportunities and challenges as the community adapts to a changing demographic landscape while maintaining its economic prosperity.