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Demographic Analysis of Wolfe Park: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Wolfe Park, a neighborhood in Manchester, New Hampshire, exhibits a Low Diversity demographic profile with a White Majority comprising 89% of the population as of 2022. The neighborhood's population has declined from 6,020 residents in 2010 to 4,638 in 2022. The median income in Wolfe Park was $65,910 in 2022. The neighborhood is located near the Merrimack River.
Throughout the period from 2013 to 2022, Wolfe Park maintained its status as a Low Diversity, White Majority neighborhood. The percentage of white residents remained above 84% during this time, with minor fluctuations. The white population percentage decreased from 92% in 2020 to 89% in 2022. The Black and Hispanic populations both increased from 1% in 2013 to 5% each in 2022. The Asian population remained relatively constant at 1-2% throughout the period.
The economic landscape of Wolfe Park has shown volatility over the past decade. The neighborhood reached its highest median income of $83,791 in 2015. Following 2015, there has been a general downward trend in median income, reaching $65,910 in 2022, the lowest in the observed period. The consistent decline in population from 6,020 in 2010 to 4,638 in 2022 suggests potential out-migration, which may be linked to economic factors.
Wolfe Park's demographic profile suggests it may be one of the less diverse neighborhoods within Manchester. New Hampshire as a state has been experiencing slow but steady increases in diversity over the past decade, aligning with the subtle shifts seen in Wolfe Park. Despite the recent downward trend, Wolfe Park's median income remains above the national average, reflecting New Hampshire's generally strong economic position relative to many other states.
In conclusion, Wolfe Park remains a Low Diversity, White Majority neighborhood, but is experiencing gradual demographic changes that mirror broader state and national trends towards increased diversity. The economic fluctuations, particularly the recent downturn, may be both a cause and effect of these demographic shifts, potentially influencing future community dynamics and local policies.
