Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Beltrami neighborhood in Minneapolis, Minnesota, maintained a White Majority demographic composition from 2013 to 2022. In 2022, 58% of the population identified as white. The neighborhood experienced economic growth during this period, with the median income increasing from $41,770 in 2013 to $65,387 in 2022, a 56.5% increase. Beltrami's location near the Mississippi River may contribute to its appeal and demographic stability.
Over the past decade, Beltrami's white population percentage ranged from 49% to 62%. The neighborhood approached Moderate Diversity status in 2014 and 2020 when the white population decreased to 49%. During these years, there was significant representation from Black (18-19%) and Hispanic (9-16%) populations. The Asian population fluctuated between 1% and 9%, indicating a potential Transitional Community aspect for this group. The "Two or More Races" category showed an upward trend, increasing from 4% in 2015 to 11% in 2022, suggesting increasing diversity.
Beltrami's median income demonstrated a strong upward trend. A significant income increase occurred between 2013 and 2015, rising from $41,770 to $52,227. This period coincided with a decrease in the Asian population and an increase in the white population. Another notable increase occurred between 2017 and 2019, with income rising from $58,439 to $67,028. During this time, there was a decrease in the Black and Hispanic populations and an increase in the "Two or More Races" category. The highest median income of $73,665 in 2021 coincided with a more balanced racial distribution, suggesting a potential association between increased diversity and economic growth in this neighborhood.
Beltrami's income growth outpaces national averages, which typically see 2-3% annual increases. This suggests that Beltrami is experiencing faster economic growth than many other areas. The maintenance of a White Majority status, albeit with increasing diversity, differs from national trends where many urban areas are becoming Majority-Minority or showing High Diversity. The significant increase in the "Two or More Races" category aligns with national trends, as this is one of the fastest-growing demographic groups across the United States.
Beltrami presents a case of a neighborhood maintaining a White Majority status while simultaneously experiencing increasing diversity and significant economic growth. The correlation between periods of increased diversity and economic growth suggests that the neighborhood's evolving demographics may be contributing to its economic vitality. As Beltrami continues to show signs of being a Transitional Community, particularly with the growth in multiracial residents, it will be important to monitor how these changes impact the neighborhood's socio-economic fabric in the coming years.