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Demographic Analysis of Spicewood, Bloomington: Predominantly White Neighborhood with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Spicewood, a neighborhood in Bloomington, Indiana, exhibits characteristics of Low Diversity, with a predominantly White population (81% in 2022). The area has a relatively high median income of $87,499 in 2022, which is above the national average. Spicewood is located near Indiana University, potentially influencing its demographic and economic profile.
Over the past decade, Spicewood has maintained its status as a Low Diversity neighborhood, with the White population remaining the majority. There have been subtle shifts in demographics. The Asian population has grown from 6% in 2013 to 12% in 2022. The Hispanic population appeared in the data from 2021 onwards at 2%. The "Two or More Races" category increased from 3% in 2013 to 5% in 2022. Despite these changes, the neighborhood has not transitioned to a new diversity category, as the White population has remained above 75% throughout the period.
The median income in Spicewood has fluctuated over the years. The highest median income was recorded in 2019 at $106,440. There was a significant drop in median income from 2019 to 2020 (from $106,440 to $87,540). Since 2020, the median income has remained relatively stable, around $87,000-$88,000. The population has shown a general upward trend, increasing from 584 in 2010 to 690 in 2022.
The demographic trends in Spicewood reflect broader national patterns of increasing diversity, albeit at a slower pace. The growth in Asian and multiracial populations aligns with national trends, but the neighborhood's overall racial composition remains less diverse than many urban areas across the United States.
Economically, Spicewood's median income, even after recent declines, remains above the national median household income (which was around $70,784 in 2021). This suggests that despite some fluctuations, the neighborhood maintains its status as an affluent area within Bloomington.
The neighborhood's proximity to Indiana University likely contributes to its economic resilience and gradual diversification. Universities often attract international students and faculty, which could explain the increasing Asian population and the area's ability to maintain high median incomes despite recent economic challenges.
In conclusion, Spicewood remains a Low Diversity, predominantly White neighborhood, with subtle shifts towards increased diversity. Its economic profile, characterized by above-average incomes, has shown resilience despite recent fluctuations, possibly buffered by its association with the nearby university. These trends suggest a slowly evolving community that maintains its affluent character while gradually becoming more diverse.
