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Demographic Analysis of Waldo Homes: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Waldo Homes, a neighborhood in Kansas City, Missouri, exhibits characteristics of a Low Diversity community with a White Majority. As of 2022, the racial composition shows 84% white residents, with a median income of $76,619. This neighborhood is known for its mix of historic homes and modern amenities, making it a desirable area for families and young professionals.
Over the past decade, Waldo Homes has maintained its status as a White Majority community. From 2013 to 2017, the neighborhood remained in the Low Diversity category, with the white population consistently above 75%. In 2018-2019, there was a slight increase in diversity, with the white population dropping to 78% in 2018 and 82% in 2019. From 2020 to 2022, the community reverted to a more pronounced Low Diversity status, with the white population ranging from 84-86%.
The percentage of residents identifying as two or more races has increased from 3% in 2016 to 7% in 2022, indicating a gradual trend towards a more diverse community, albeit still within the Low Diversity category.
The demographic stability in Waldo Homes correlates with economic growth. From 2013 to 2017, median income showed modest growth from $44,219 to $46,696. From 2018 to 2022, a substantial increase in median income occurred, rising from $66,837 in 2018 to $76,619 in 2022. This economic uplift coincides with a decrease in population, from 1,566 in 2018 to 1,131 in 2022, suggesting a possible gentrification trend or an influx of higher-income residents.
The trends in Waldo Homes reflect broader patterns seen in many urban neighborhoods across the United States. The significant increase in median income, coupled with a slight decrease in population, aligns with gentrification patterns observed in many American cities. The gradual increase in multiracial residents mirrors national trends of increasing racial diversity, albeit at a slower pace than national averages. The substantial income growth in Waldo Homes outpaces national median income growth rates, indicating a rapidly appreciating neighborhood.
Waldo Homes presents a picture of a stable, predominantly white community experiencing significant economic growth. While it remains categorized as Low Diversity, there are signs of increasing racial diversity, particularly in the multiracial category. The economic trends suggest a neighborhood in transition, potentially becoming more exclusive due to rising incomes, which may impact its future demographic composition.
