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Demographic and Economic Analysis of Southwest Colorado Springs: A White Majority Neighborhood with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Southwest Colorado Springs is a White Majority community with moderate diversity. As of 2022, the white population comprises 68% of the neighborhood, with a Hispanic population at 17%. The area has experienced economic growth over the past decade, with median income rising from $73,076 in 2013 to $86,797 in 2022. This neighborhood is located near the Garden of the Gods park.
Over the past decade, Southwest Colorado Springs has transitioned from a Low Diversity community to one of Moderate Diversity. In 2013, 73% of the population identified as white. By 2022, this percentage decreased to 68%, indicating a shift towards greater diversity. The Hispanic population has shown the most significant growth, increasing from 13% in 2013 to 17% in 2022. This trend, along with modest increases in the Black and Asian populations, suggests the neighborhood is becoming a Transitional Community.
The demographic shifts in Southwest Colorado Springs have coincided with economic growth. The median income has increased by approximately 18.8% from 2013 to 2022, rising from $73,076 to $86,797. This growth outpaces inflation over the same period, indicating real economic gains for residents. The population has remained relatively stable, decreasing slightly from 48,174 in 2013 to 47,392 in 2022.
The correlation between increasing diversity and rising median income could indicate that the neighborhood is attracting a more diverse, skilled workforce, possibly due to job opportunities in the area or the appeal of its natural amenities.
The demographic shifts observed in Southwest Colorado Springs align with broader national trends of increasing diversity in suburban and urban areas. The economic growth in this neighborhood appears to be more robust than national averages. The median household income in the United States grew from about $52,250 in 2013 to $70,784 in 2021, an increase of about 35%. While this percentage increase is higher than Southwest Colorado Springs, the absolute values remain lower than those of the neighborhood.
The stability of the population in Southwest Colorado Springs, coupled with rising incomes and increasing diversity, suggests a community that is evolving economically and culturally while maintaining its core identity. This pattern differs from some rapidly gentrifying areas in other parts of the country where demographic changes are often accompanied by significant population turnover and displacement of long-term residents.
Southwest Colorado Springs presents a model of gradual, balanced community evolution. It demonstrates how a neighborhood can become more diverse and prosperous simultaneously, potentially offering lessons for other communities seeking to navigate demographic and economic changes.
