Loading Content...
Demographic Analysis of Sheridan: A White Majority Neighborhood in Minneapolis
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Sheridan neighborhood in Minneapolis, Minnesota, is characterized as a White Majority community with 75% of the population identifying as white in 2022. The median income in Sheridan was $67,171 in 2022, indicating a relatively affluent area within Minneapolis. Sheridan is situated near the Mississippi River and comprises a mix of residential and industrial areas, reflecting its historical development as part of the city's Northeast community.
Over the past decade, Sheridan has maintained its status as a White Majority community. The white population has fluctuated between 67% and 79% over the years. The black population has shown variability, ranging from 9% to 15%, suggesting a degree of Moderate Diversity. The Hispanic population has slightly increased from 2% in 2013 to 3% in 2022, with peaks of 7% in some years. The Asian population has remained relatively small but stable, fluctuating between 1% and 4%.
The median income in Sheridan has shown a general upward trend over the past decade. In 2013, the median income was $50,593. It peaked in 2019 at $79,478. As of 2022, it stands at $67,171. This overall increase in median income correlates with the stability of the White Majority status and could suggest gentrification processes. The slight increases in minority populations, particularly Hispanic and Asian, might be related to economic opportunities attracting a more diverse workforce.
Population trends show a slight decline from 3,452 in 2010 to 2,847 in 2022. This decrease, coupled with rising incomes, could indicate a shift towards smaller, more affluent households.
Sheridan's demographic trends align with broader patterns seen in many urban neighborhoods across the United States. The maintenance of a White Majority status, coupled with gradual increases in diversity and rising median incomes, is characteristic of many gentrifying neighborhoods in major cities.
The neighborhood's economic growth outpaces national averages, with its 2022 median income of $67,171 exceeding the national median household income of about $70,784 in 2021. This suggests that Sheridan is becoming increasingly attractive to higher-income residents.
The relatively stable racial composition, with only gradual increases in diversity, contrasts with more rapid demographic shifts seen in some other urban areas. This could indicate that Sheridan has managed to maintain its community character while experiencing economic growth.
Sheridan represents a White Majority community that has experienced economic growth and subtle increases in diversity over the past decade. These changes suggest a neighborhood in transition, balancing its established community identity with gradual demographic and economic shifts. The challenge for Sheridan moving forward will be to maintain its economic vitality while fostering inclusivity and preserving its unique character within Minneapolis.
