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Demographic and Economic Trends in College View - South Platte: A Hispanic Majority Neighborhood in Transition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
College View - South Platte, a neighborhood in Denver, Colorado, is characterized as a Hispanic Majority community with moderate income levels. As of 2022, the neighborhood's median income is $66,228, with a population of 7,800. The Hispanic population has consistently remained the dominant demographic group over the past decade.
From 2013 to 2022, College View - South Platte has maintained its status as a Hispanic Majority community. The Hispanic population has represented over 70% of the total population, peaking at 76% in 2016 and 2019, with a slight decline to 67% in 2022. This shift suggests a trend towards increased diversity. The White population, the second-largest group, has fluctuated between 13% and 20% over the decade. The Asian population has shown a gradual increase from 5% in 2013 to 6% in 2022, peaking at 9% in 2017. The Black population has increased from 2% to 5% over the same period.
The neighborhood has experienced significant economic growth over the past decade. The median income has more than doubled from $32,136 in 2013 to $66,228 in 2022, with a peak of $77,846 in 2021. This increase in median income correlates with the slight decrease in the Hispanic majority and the increase in other racial groups, suggesting potential gentrification. The population has grown from 6,447 in 2013 to 7,800 in 2022, peaking at 8,829 in 2019.
The demographic trends in College View - South Platte reflect broader patterns seen in many urban areas across the United States, where historically Hispanic neighborhoods are experiencing gradual diversification and gentrification. The substantial increase in median income, outpacing national averages, suggests that this neighborhood is undergoing significant economic changes.
The persistence of a strong Hispanic majority, despite economic shifts, indicates a robust cultural foundation in the neighborhood. This resilience in maintaining community character while experiencing economic growth is noteworthy and may be attributed to strong community ties and cultural institutions in the area.
The economic growth in this neighborhood is particularly notable when compared to national trends. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), College View - South Platte saw an increase of over 100% in the same period. This exceptional growth suggests targeted development or revitalization efforts in the area, which may be changing the neighborhood's socio-economic landscape more rapidly than seen in many other urban areas.
