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Demographics
Population
Median Income
Racial Distributions
Shorewood, a neighborhood in Fort Wayne, Indiana, is characterized as a predominantly White Majority community with Low Diversity based on 2022 data. The neighborhood has a population of 1,670 and a median income of $97,119, positioning it as an affluent area within Fort Wayne. Shorewood's proximity to Foster Park, one of the city's largest green spaces, likely contributes to its desirability and high property values.
Over the past decade, Shorewood has maintained its status as a White Majority community. From 2013 to 2021, the neighborhood exhibited Low Diversity, with the white population consistently above 75%. In 2022, there was a decrease in the white population from 90% to 82%, along with increases in Asian (from 0% to 5%) and Black (from 2% to 4%) populations. This shift suggests a trend towards Moderate Diversity, though it has not yet reached that threshold.
The Hispanic population in Shorewood has gradually decreased from 9% in 2013 to 3% in 2022, indicating a potential outmigration of this group. The percentage of residents identifying as two or more races has increased from 1% in 2013 to 5% in 2022, suggesting a growing multiracial population.
Economic trends in Shorewood show a generally upward trajectory. The median income has risen from $83,500 in 2013 to $97,119 in 2022, with a peak of $105,183 in 2021. The population has grown steadily from 1,370 in 2013 to 1,670 in 2022, indicating the neighborhood's increasing attractiveness. The rising median income correlates with the maintenance of a White Majority status, suggesting that the neighborhood has remained economically exclusive. The recent increase in diversity in 2022 coincides with a slight decrease in median income from the 2021 peak, possibly indicating a shift towards more inclusive housing options or changing neighborhood dynamics.
Shorewood's demographic composition contrasts with broader national trends towards increasing diversity. While the U.S. as a whole has been moving towards a Majority-Minority status, Shorewood has maintained its White Majority. The neighborhood's median income is significantly higher than the national median household income, positioning Shorewood as an upper-middle-class to affluent community. The recent uptick in diversity in 2022 might reflect a broader national movement towards suburban diversification, albeit at a slower pace in Shorewood. The steady population growth in Shorewood aligns with the trend of suburban growth seen in many U.S. cities, as people seek spacious living environments with urban amenities nearby.
In conclusion, while Shorewood has predominantly maintained its status as a White Majority, Low Diversity community over the past decade, recent data suggests a potential shift towards increased diversity. This change, coupled with consistently high median incomes and steady population growth, indicates that Shorewood may be at the beginning of a transition towards a more diverse, yet still affluent, suburban neighborhood. The coming years will be crucial in determining whether this trend continues, potentially moving Shorewood towards Moderate Diversity, or if it reverts to its historical demographic composition.