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Demographic and Economic Analysis of the Presidents Neighborhood: A Study of Racial Composition from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Presidents neighborhood in Edina, Minnesota, is classified as a Low Diversity area with a White Majority comprising 80% of the population as of 2022. The neighborhood has experienced economic fluctuations over the past decade, with a notable median income peak in 2021. The Presidents neighborhood is characterized by street names after U.S. Presidents.
Over the past decade, the Presidents neighborhood has maintained its status as a White Majority area within the Low Diversity category. From 2013 to 2017, the neighborhood showed signs of moving towards Moderate Diversity, with the White population decreasing from 79% to 70% and other racial groups increasing their representation. By 2018, this trend reversed slightly, with the White population increasing to 77% and maintaining a similar level through 2022. The Asian population has shown a gradual increase from 1% in 2013 to 6% in 2022.
The economic landscape of the Presidents neighborhood has shown correlations with its demographic shifts. From 2013 to 2019, there was a gradual decline in median income from $98,337 to $85,061, coinciding with the period of slightly increasing diversity. A significant increase in median income occurred in 2020 and 2021, reaching a peak of $179,718 in 2021. This economic surge corresponded with a slight increase in the White population percentage. In 2022, the median income decreased to $96,223, closer to its 2013 levels.
The demographic trends in the Presidents neighborhood reflect broader national patterns of suburban areas maintaining predominantly White populations while slowly diversifying. The economic fluctuations, particularly the sharp increase and subsequent decrease in median income from 2020 to 2022, are more pronounced than typical national trends.
The neighborhood's consistent White Majority status, despite minor fluctuations, contrasts with many urban areas across the United States that have been experiencing more rapid diversification. The economic volatility, especially the recent sharp changes in median income, suggests that the Presidents neighborhood may be particularly sensitive to broader economic shifts or local policy changes.
The Presidents neighborhood has maintained its status as a Low Diversity, White Majority area over the past decade. Subtle demographic shifts and significant economic fluctuations indicate a community in flux. These changes, though not drastic enough to alter the overall demographic categorization, suggest ongoing socio-economic dynamics that may continue to shape the neighborhood's character in the coming years.
