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Demographic and Economic Trends in Oakley: A Low Diversity, White Majority Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Oakley, a neighborhood in Cincinnati, Ohio, is classified as a Low Diversity community with a White Majority. As of 2022, 83% of the population identifies as white. The neighborhood has experienced economic growth, with median income increasing from $61,790 in 2013 to $76,100 in 2022. Oakley's commercial district along Madison Road features local businesses, restaurants, and MadTree Brewing Company.
Over the past decade, Oakley has maintained its status as a Low Diversity community with a White Majority. The white population has remained between 80-83% from 2013 to 2022. Minor shifts in minority populations have occurred: the Black population decreased from 10% in 2013 to 7% in 2022, the Asian population remained at 3-4%, and the Hispanic population increased from 2% in 2013 to 5% in 2022.
Oakley has experienced significant economic growth. The median income rose from $61,790 in 2013 to $76,100 in 2022, a 23% increase. The population grew from 8,657 in 2013 to 9,594 in 2022, an 11% increase. This growth in income and population may indicate gentrification processes.
Oakley's demographic trends differ from national patterns. While the U.S. has been moving towards greater diversity, Oakley has maintained its predominantly white demographic. The gradual increase in Hispanic residents aligns with national trends of growing Hispanic populations in urban areas. Oakley's economic growth likely exceeds national averages for the same period.
The combination of rising incomes, population growth, and subtle demographic shifts suggests Oakley is experiencing a form of "gentle" gentrification. This process has likely contributed to economic displacement and changing neighborhood character, bringing improved amenities and economic opportunities while raising concerns about affordability and community preservation.
In conclusion, Oakley remains a Low Diversity, White Majority community, but subtle demographic shifts and significant economic growth indicate a neighborhood in transition. These changes reflect broader urban trends of revitalization and gentrification, presenting opportunities and challenges for maintaining community inclusivity and affordability.
