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Demographic Analysis of Terrace Drive: A White Majority Neighborhood with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Terrace Drive neighborhood in Tulsa, Oklahoma, is classified as a "White Majority" community with moderate diversity as of 2022. The neighborhood has a population of 467 and a median income of $45,019. The area has experienced population growth over the past decade despite economic fluctuations.
Terrace Drive has transitioned from a "Low Diversity" to a "Moderate Diversity" community over the past decade. In 2013, 79% of the population identified as white. By 2022, the white population decreased to 69%, while other racial groups increased. The "Two or More Races" category grew from 8% in 2013 to 12% in 2022. The Hispanic population increased from 2% in 2013 to 7% in 2022.
The median income in Terrace Drive has shown an overall upward trend from 2013 to 2022. The median income increased from $29,210 in 2013 to $45,019 in 2022, representing a 54% increase over nine years. The highest median income was recorded in 2017 at $45,078. A notable decrease occurred in 2021 to $37,550, but it rebounded in 2022.
The demographic shifts in Terrace Drive align with national trends of increasing diversity in suburban areas. Many U.S. cities have experienced similar patterns of diversification, particularly with growth in Hispanic and multiracial populations.
Terrace Drive has demonstrated economic resilience, particularly in its quick recovery from the 2021 decrease. This may indicate a strong economic foundation or diverse job market in the neighborhood.
The population of Terrace Drive grew from 340 in 2010 to 467 in 2022, representing a 37% increase. This growth rate is higher than the national average of approximately 7% over a similar period.
Terrace Drive represents a community in transition, moving from low to moderate diversity while experiencing economic growth. These trends suggest a dynamic neighborhood that is adapting to changing demographics while maintaining economic stability.
