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Demographics
Population
Median Income
Racial Distributions
The Teakwood neighborhood in Columbus, Ohio, maintains a "Black Majority" demographic composition, with 51% of the population identifying as Black in 2022. This categorization has remained consistent over the past decade, although the percentage has fluctuated. The area has experienced significant income growth, with the median income increasing from $33,822 in 2013 to $52,694 in 2022, indicating economic improvement. Teakwood is characterized by a mix of older, established homes and newer developments, reflecting its evolving demographic and economic landscape.
Throughout the analyzed period (2013-2022), Teakwood has maintained a "Black Majority" status, with the Black population consistently above 50%. A gradual decline in this majority has been observed, from 58% in 2015 to 51% in 2022. This shift suggests a trend towards increased diversity, though not yet reaching the "Moderate Diversity" category. The White population has shown a slight increase, from 26% in 2013 to 33% in 2022, while the Hispanic population has grown from 8% to 10%. The emergence of an Asian population (2% by 2022) and the consistent presence of a multiracial category (around 4-6%) further contribute to this diversification trend.
These changes indicate that while Teakwood remains a "Black Majority" neighborhood, it is slowly transitioning towards a more diverse composition, potentially moving towards a "Moderate Diversity" classification in the future if current trends continue.
The neighborhood has experienced significant economic growth, with median income increasing by about 56% from 2013 to 2022. This growth correlates with the gradual diversification of the area. The sharpest increase in median income occurred between 2016 ($34,615) and 2017 ($47,778), a jump of nearly 38%. This economic upturn coincides with a period of relative stability in the racial composition, suggesting that economic improvements may have attracted a more diverse population.
The population has remained relatively stable, ranging from 250 to 280 residents throughout the period. This stability, combined with rising incomes, might indicate gentrification processes or improved economic conditions for existing residents.
The trends in Teakwood align with broader national patterns of increasing diversity in urban neighborhoods. The significant income growth outpaces national averages, which typically see more modest year-over-year increases. This could suggest that Teakwood is part of a broader urban revitalization trend seen in many mid-sized American cities.
The persistent "Black Majority" status of Teakwood, despite increasing diversity, is noteworthy in the context of many historically Black neighborhoods across the U.S. experiencing rapid demographic changes due to gentrification. Teakwood's gradual change suggests a more balanced integration process, potentially allowing for community preservation alongside economic improvement.
Teakwood represents a neighborhood in transition, maintaining its Black majority while slowly diversifying and experiencing significant economic growth. This evolution reflects broader urban trends of increasing diversity and economic development, presenting both opportunities and challenges for community cohesion and identity preservation.