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Demographics
Population
Median Income
Racial Distributions
Lincoln Terrace, a neighborhood in Oklahoma City, Oklahoma, is classified as a "Black Majority" community with 57% of the population identifying as Black in 2022. The neighborhood has undergone demographic and economic changes over the past decade. Lincoln Terrace is notable for its historic district, featuring early 20th-century architecture.
From 2013 to 2022, Lincoln Terrace has maintained its status as a "Black Majority" community. The Black population percentage fluctuated, reaching 65% in 2020 before declining to 57% in 2022. The White population increased gradually from 26% in 2013 to 28% in 2022. The Asian population remained stable between 5-8% throughout the decade. The "Two or More Races" category increased from 4% in 2013 to 6% in 2022, peaking at 9% in 2021.
The median income in Lincoln Terrace has shown an upward trend. In 2013, the median income was $27,093. It decreased to $23,236 in 2015, then steadily increased, reaching $44,234 in 2022. This represents a 63% increase in median income from 2013 to 2022. The economic improvement coincides with changes in racial composition, suggesting a possible correlation between increasing diversity and economic growth.
Population figures have fluctuated in Lincoln Terrace. The population decreased from 2,996 in 2013 to 2,722 in 2018. It then increased to 3,087 in 2020. As of 2022, the population is 2,777, slightly lower than a decade ago. The recent population decline, despite rising incomes, could indicate gentrification pressures or changing housing preferences in the area.
The trend of increasing diversity in Lincoln Terrace aligns with broader national trends of growing diversity in urban areas. The 63% increase in median income over a decade outpaces national averages, suggesting Lincoln Terrace may be experiencing more rapid economic growth than many other neighborhoods. The persistence of a Black majority in Lincoln Terrace is notable, as many historically Black neighborhoods in U.S. cities have experienced significant demographic shifts due to gentrification.
Lincoln Terrace presents a case of a historically Black neighborhood maintaining its racial majority while experiencing economic growth and subtle increases in diversity. This balance between preservation of community character and economic development could serve as a model for other urban neighborhoods facing similar demographic and economic pressures.