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Demographics
Population
Median Income
Racial Distributions
The Villages of Larchwood in Nashville-Davidson, Tennessee, exhibits a moderate diversity demographic profile as of 2022. The neighborhood's racial composition consists of 41% Black, 32% White, 15% Hispanic, and 10% Asian residents. The median income in 2022 was $67,716. The area's proximity to Nashville's music scene may influence its demographic and economic characteristics.
Over the past decade, the Villages of Larchwood has transitioned from a White Majority community to a Majority-Minority status. In 2013, the white population constituted 57% of the total, which decreased to 32% by 2022. Concurrently, the Black population increased from 29% to 41%, and the Hispanic population grew from 7% to 15%. An Asian population of 10% emerged in 2022, which was not present in previous years.
The median income in the Villages of Larchwood has shown overall growth from $61,096 in 2013 to $67,716 in 2022, representing a 10.8% increase. However, this growth was not linear, with fluctuations observed throughout the decade. A notable increase to $71,343 occurred in 2019, followed by a decrease to $63,588 in 2020, potentially due to the economic impacts of the COVID-19 pandemic.
The demographic changes in the Villages of Larchwood align with broader trends observed in many urban areas across the United States. The increase in diversity, particularly the growth of Hispanic and Asian populations, corresponds to national demographic shifts. However, the significant increase in the Black population percentage may be attributed to specific local factors in Nashville.
The economic resilience of the neighborhood is evidenced by the overall increase in median income despite fluctuations. This trend may be partially attributed to Nashville's strong economy and growing reputation as a cultural and business hub in the Southeast.
The Villages of Larchwood has transformed from a predominantly White community to a diverse, majority-minority neighborhood over the past decade. This shift has been accompanied by overall economic growth, despite some volatility. The neighborhood's evolution reflects broader national trends towards increased diversity in urban areas, while also showcasing unique local characteristics that may be influenced by Nashville's distinctive cultural and economic landscape.