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Demographics
Population
Median Income
Racial Distributions
Timber Park, a neighborhood in Evansville, Indiana, currently exhibits a Low Diversity demographic profile with a strong White Majority. As of 2022, 90% of the population identifies as white, with a median income of $50,473. Timber Park has seen a gradual increase in its Asian population over the past decade, suggesting the beginnings of a potential Transitional Community status.
From 2013 to 2022, Timber Park has consistently maintained its status as a Low Diversity, White Majority neighborhood. The white population percentage has remained high but fluctuated slightly, from 88% in 2013 to 90% in 2022, peaking at 97% in 2020. The Asian population has seen the most significant growth, from 1% in 2013 to 4% in 2022, with a peak of 6% in 2021. The Black population, which was 2% in 2013-2014, has declined to 0% in recent years. Hispanic and Two or More Races categories have emerged in recent years, each at 3% in 2022.
The median income in Timber Park has shown an overall upward trend, from $42,644 in 2013 to $50,473 in 2022, with some fluctuations. There was a significant jump from $46,785 in 2015 to $50,268 in 2016, coinciding with a slight increase in the white population percentage. The highest median income was recorded in 2021 at $56,760, which also saw the highest Asian population percentage (6%) and the introduction of the Two or More Races category (3%). The recent dip in median income from 2021 to 2022 (from $56,760 to $50,473) coincides with a slight decrease in the white population and the emergence of the Hispanic category.
The gradual increase in Asian population aligns with national trends of growing Asian communities in many U.S. cities. The emergence of the Two or More Races category is consistent with national demographic shifts showing an increase in multiracial identifications. The overall increase in median income over the decade, despite some fluctuations, is generally in line with national economic recovery trends post-2008 recession. Timber Park's persistent Low Diversity status contrasts with many urban areas that have seen more rapid diversification. The neighborhood's demographic changes, while present, are occurring at a slower pace than in many other parts of the country.
While Timber Park remains a predominantly white, low-diversity neighborhood, subtle shifts in its demographic makeup and consistent economic growth suggest the potential for more significant changes in the coming years. The community appears to be in the early stages of a transition towards greater diversity, which may have implications for local culture, services, and community dynamics in the future.