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Demographics
Population
Median Income
Racial Distributions
Wabash Shores, a neighborhood in West Lafayette, Indiana, is classified as a Low Diversity area with a White Majority. The white population constitutes 83% of the neighborhood as of 2022, while the Asian population has increased to 13%. The median income in 2022 was $61,683, which represents a decrease from previous years. The neighborhood's proximity to Purdue University likely influences its demographic composition and economic trends.
Over the past decade, Wabash Shores has maintained its status as a White Majority community, with the white population consistently above 80%. The Asian population has shown a steady increase from 3% in 2015 to 13% in 2022, indicating a Transitional Community trend. The Hispanic population peaked at 8% in 2016 but has decreased to 1% in 2022. The black population, which was 3% in 2014, has dropped to 0% in recent years. Despite these changes, the neighborhood has remained in the Low Diversity classification throughout the decade.
The median income in Wabash Shores has experienced significant fluctuations. The highest median income was recorded in 2017 at $84,431. There has been a notable decrease in median income from $84,299 in 2018 to $61,683 in 2022, a drop of nearly 27%. The population has varied between 1,412 and 2,082 over the decade, with no clear trend. The decline in median income coincides with the increase in the Asian population, which could suggest an influx of international students or early-career professionals, potentially associated with Purdue University.
The demographic trends in Wabash Shores differ from national trends in some ways. While the U.S. has generally been moving towards greater racial diversity, Wabash Shores has maintained its White Majority status. The increase in the Asian population aligns with national trends, particularly in university towns. The recent decline in median income contrasts with the general upward trend in median household income across the U.S. in recent years.
The proximity to Purdue University likely plays a significant role in shaping these demographic and economic trends, potentially attracting a mix of students, faculty, and professionals associated with the university. This unique characteristic may explain why the neighborhood's trends don't always align with broader national patterns.
Wabash Shores remains a predominantly White community with Low Diversity, but it shows signs of gradual change, particularly with the growth of its Asian population. The economic fluctuations, especially the recent decline in median income, warrant further investigation into local economic factors and their relationship to the changing demographic composition of the neighborhood.