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Demographics
Population
Median Income
Racial Distributions
Woodford, a neighborhood in Loveland, Ohio, exhibits a Low Diversity demographic profile with a White Majority comprising 96% of the population as of 2022. The area is characterized by high median incomes, with 2022 figures showing $146,492 annually. Woodford has maintained its predominantly white demographic composition over the past decade, despite minor fluctuations in population and income levels.
Throughout the analyzed period (2013-2022), Woodford has consistently fallen under the Low Diversity category, with the white population consistently exceeding 90%. There have been no significant transitions between diversity categories. A slight decrease in the white population percentage is observed from 100% in 2020 to 96% in 2022, coinciding with the emergence of a small Hispanic population (3% in 2022).
The median income in Woodford has shown notable fluctuations over the decade. From 2013 to 2019, there was a general downward trend, with median income decreasing from $139,102 to $115,106. However, a significant upswing occurred from 2020 onwards, with median income reaching a peak of $164,444 in 2021 before slightly decreasing to $146,492 in 2022.
The population of Woodford has remained relatively stable, fluctuating between 364 and 498 residents over the decade. The recent population increase from 365 in 2019 to 445 in 2022 coincides with the rise in median income, potentially indicating an influx of affluent residents.
Woodford appears to be resistant to increasing diversity, maintaining its Low Diversity status. This stands in contrast to many similar affluent suburbs across the United States that have experienced increasing diversity over the past decade.
The median household income in Woodford ($146,492 in 2022) is significantly higher than the national median household income, which was approximately $70,784 in 2021. This places Woodford among the more affluent neighborhoods in the country, potentially contributing to its demographic stability by limiting accessibility to a wider range of socioeconomic groups.
Woodford has experienced some economic fluctuations over the past decade, but its demographic composition has remained stable, characterized by Low Diversity and a persistent White Majority. The recent slight increase in Hispanic population and the strong economic recovery post-2020 may hint at the beginning of subtle changes, but it remains to be seen whether these will develop into more significant demographic shifts in the future.