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Demographic Analysis of Tyler Park Neighborhood: Predominantly White with Gradual Diversification
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Tyler Park, a neighborhood in Louisville, Kentucky, is characterized by low diversity with a predominantly White population of 87% in 2022. The median income in the area has remained relatively stable over the past decade, reaching $73,559 in 2022. Tyler Park features a historic 13-acre green space that serves as a central community gathering point.
From 2013 to 2022, Tyler Park has consistently been categorized as having low diversity, with the White population comprising over 75% each year. However, there are indications of a gradual shift towards increased diversity. The White population has decreased from 94% in 2013 to 87% in 2022. The Black and Hispanic populations have both increased from 0% in 2013 to 3% each in 2022. The Asian population has doubled from 1% to 2% over the same period. The percentage of residents identifying as two or more races has increased from 3% in 2013 to 5% in 2022.
The median income in Tyler Park has fluctuated but generally trended upward. From 2013 to 2022, the median income increased from $65,402 to $73,559, representing a 12.5% growth. The highest median income was recorded in 2021 at $80,953, followed by a slight decrease in 2022. Population figures have remained relatively stable, with a slight decrease from 2,410 in 2013 to 2,735 in 2022.
Tyler Park's demographic changes align with broader national trends of increasing diversity in urban areas. However, the pace of change in Tyler Park appears slower than in many other urban neighborhoods across the United States. The stability in both population and income levels suggests that Tyler Park may be a sought-after area with limited housing turnover, which could explain the slower pace of demographic change.
The neighborhood's median income ($73,559 in 2022) is higher than the national median household income ($70,784 in 2021), indicating that Tyler Park remains an affluent area within Louisville. This economic stability, combined with the gradual increase in diversity, suggests that the neighborhood is experiencing gentle gentrification or maintaining its status as a desirable location for middle to upper-middle-class residents of various backgrounds.
Tyler Park remains categorized as low diversity but shows signs of a slow transition towards greater racial and ethnic diversity. This change, coupled with stable economic indicators, suggests a gradual evolution of the neighborhood's character while maintaining its overall appeal and socioeconomic status.
