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Demographics
Population
Median Income
Racial Distributions
The Village of Buckingham in Fort Wayne, Indiana, is classified as a Low Diversity community with a White Majority. In 2022, 83% of its population identified as white. The neighborhood experienced economic growth, with median income increasing from $55,216 in 2013 to $69,960 in 2022, a 26.7% increase. The community has 577 residents as of 2022 and has maintained a stable population over the past decade.
The Village of Buckingham has consistently remained a Low Diversity community with a White Majority throughout the analyzed period. The white population percentage fluctuated, reaching 91% in 2020 and 83% in 2022. The black population ranged from 3% to 10% over the years. The Hispanic population remained consistently low, not exceeding 9%. In 2022, the "two or more races" category increased to 10%, potentially indicating the beginnings of a Transitional Community.
The neighborhood experienced significant economic growth. Median income increased from $55,216 in 2013 to $82,054 in 2021, before settling at $69,960 in 2022. This represents a 26.7% increase over the decade, outpacing inflation. The income growth coincides with slight increases in diversity, particularly the rise in the "two or more races" category.
The Village of Buckingham's demographic composition differs significantly from national trends, which show increasing diversity across the United States. The neighborhood's economic growth outpaces the national average, suggesting a thriving local economy. The stability in population size, despite economic growth, may indicate limited housing availability or strict zoning laws, potentially impacting further diversification.
In conclusion, the Village of Buckingham remains a Low Diversity community with a White Majority. Subtle shifts in demographics and significant economic growth suggest the potential for increased diversity in the future. The neighborhood's ability to maintain its population size while experiencing economic growth is noteworthy and may present both opportunities and challenges for future community development and integration.