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Demographics
Population
Median Income
Racial Distributions
Barnum, a neighborhood in Denver, Colorado, is characterized as a Majority-Minority community with a Hispanic Majority. As of 2022, the Hispanic population constitutes 69% of residents, while Whites make up 24% and other racial groups account for smaller percentages. The neighborhood has experienced economic growth over the past decade, with median income increasing from $32,983 in 2013 to $50,570 in 2022. Barnum is recognized for its affordability and proximity to downtown Denver, making it appealing to working-class families.
Over the past decade, Barnum has maintained its status as a Majority-Minority community with a Hispanic Majority. However, subtle shifts in racial composition have occurred. The Hispanic population decreased from 79% in 2013 to 69% in 2022, indicating gradual diversification. The White population increased from 18% in 2013 to 24% in 2022, suggesting a slow influx of White residents. The Native American population emerged as a small but growing presence, rising from 0% in 2013 to 4% in 2022. The population identifying as two or more races showed a slight increase from 0% to 2% between 2020 and 2022. These changes suggest that while Barnum remains predominantly Hispanic, it is slowly transitioning towards increased diversity.
The neighborhood has experienced substantial economic growth. Median income rose by 53.3% from $32,983 in 2013 to $50,570 in 2022. The most significant increase occurred between 2019 and 2020, with an 18.1% rise from $43,330 to $51,188. Population fluctuated over the years but showed an overall decline from 5,795 in 2013 to 5,266 in 2022. The rising median income alongside a decreasing Hispanic majority suggests that the neighborhood may be experiencing early stages of gentrification. The influx of higher-income residents, potentially including more White and Native American individuals, could be driving up property values and incomes while displacing some long-term Hispanic residents.
The demographic changes in Barnum reflect broader trends seen in many urban areas across the United States. Many historically minority-majority neighborhoods in major cities are experiencing an influx of higher-income residents, often leading to demographic shifts. While Barnum's Hispanic percentage is decreasing, it remains significantly higher than the national average, which was about 18.7% as of 2020. The median household income in the United States grew by about 10% between 2014 and 2019, while Barnum's grew by approximately 26% in the same period, indicating faster economic growth than the national average.
Barnum is undergoing a gradual transformation from a predominantly Hispanic neighborhood to a more diverse community with rising incomes. This transition brings both opportunities for economic development and challenges related to maintaining affordability and preserving the neighborhood's cultural identity. As Barnum continues to evolve, it will be crucial to monitor these trends and their impacts on long-term residents and community cohesion.