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Demographic Analysis of Young Lilly Neighborhood: White Majority and Racial Composition Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Young Lilly neighborhood in Springfield, Missouri is classified as a Low Diversity community with a White Majority. As of 2022, the white population comprises 87% of the total residents. The median income in the area is $68,398. The neighborhood has experienced population growth, increasing from 7,822 residents in 2010 to 9,961 in 2022.
From 2013 to 2022, Young Lilly has maintained its Low Diversity status with a White Majority. The white population percentage has decreased slightly from 89% in 2013 to 87% in 2022. The Hispanic population has grown from 3% to 5%, and the Asian population has increased from 0% to 2%. The percentage of residents identifying as two or more races has remained between 2-4%.
The economic trends in Young Lilly show positive growth. The median income has increased from $53,444 in 2013 to $68,398 in 2022, representing a 28% increase. This income growth coincides with the population increase. The most significant increase in median income occurred between 2019 and 2021, rising from $63,343 to $73,012, before slightly decreasing in 2022.
The population growth in Young Lilly, a 27% increase from 2010 to 2022, is notable. The median income growth of 28% over a decade is substantial. The persistent White Majority status, despite slow diversification, suggests that Young Lilly may be less diverse than many urban neighborhoods across the United States.
Young Lilly is a stable, growing neighborhood with a predominantly white population that is slowly diversifying. Its economic trajectory is positive, with significant increases in both population and median income over the past decade. While it remains categorized as Low Diversity, the gradual changes in racial composition, coupled with economic growth, suggest a neighborhood in the early stages of transition, potentially moving towards greater diversity in the future.
