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Demographics
Population
Median Income
Racial Distributions
Strathmoor Manor, located in the Belknap neighborhood of Kentucky, exhibits a racial composition categorized as "Low Diversity". As of 2022, the white population constitutes 95% of the total. The neighborhood has experienced economic growth over the past decade, with median income rising from $76,831 in 2013 to $109,431 in 2022. This affluent suburb of Louisville is known for its tree-lined streets and historic homes.
Throughout the analyzed period (2013-2022), Strathmoor Manor has maintained a "Low Diversity" classification. The white population has remained the majority, increasing from 91% in 2013 to 95% in 2022. This trend indicates a further homogenization of the racial makeup. The minimal representation of other racial groups has remained relatively stable, with slight fluctuations but no significant growth in any minority population.
The neighborhood has experienced economic growth concurrent with its demographic stability. The median income has increased by approximately 42% from 2013 to 2022. The population has grown from 3,990 in 2013 to 5,128 in 2022, representing a 28.5% increase. This population growth, coupled with rising incomes, indicates strong demand for housing in the area.
The demographic trends in Strathmoor Manor diverge from national trends towards increasing diversity. While many urban and suburban areas across the United States have experienced growing racial and ethnic diversity over the past decade, Strathmoor Manor has become slightly less diverse. This pattern is not uncommon in highly affluent suburbs, where rising property values can create economic barriers to entry for many minority groups.
The economic growth in Strathmoor Manor outpaces national averages. The U.S. median household income grew from about $52,250 in 2013 to around $70,784 in 2022, an increase of about 35%. Strathmoor Manor's 42% growth over the same period indicates that this neighborhood is becoming increasingly affluent relative to national averages.
The preservation of low diversity in conjunction with rapid economic growth suggests that Strathmoor Manor may be experiencing a form of "economic segregation," where high property values and potentially restrictive zoning laws maintain the demographic status quo. This trend raises questions about housing affordability and accessibility in the area, particularly for minority groups and lower-income families who may be priced out of the neighborhood.
In conclusion, Strathmoor Manor has experienced economic prosperity over the past decade, while its demographic composition has remained static, diverging from national trends towards greater diversity. This combination of economic growth and demographic stasis presents both opportunities and challenges for community development and social equity in the coming years.