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Demographics
Population
Median Income
Racial Distributions
Richardson Village, a neighborhood in Sacramento, California, has evolved into a Majority-Minority community with a Hispanic plurality. As of 2022, the neighborhood has a population of 1,241 and a median income of $36,745. The Hispanic population has consistently been the largest racial group in the area over the past decade.
Over the past decade, Richardson Village has undergone several demographic transitions. From 2013 to 2017, the neighborhood maintained a Hispanic Majority, with the Hispanic population consistently above 60%. From 2018 onwards, while still the largest group, the Hispanic population fell below 60%, shifting the neighborhood into a Majority-Minority category. The neighborhood has seen an increase in diversity, particularly in recent years. The Black and Native American populations have grown, while the Asian population has decreased slightly. The White population has remained relatively small but has fluctuated between 7-13% over the decade.
The median income in Richardson Village has shown significant fluctuations over the years. The highest median income was recorded in 2016 at $52,478, coinciding with the highest Hispanic population percentage (69%). After 2016, there was a sharp decline in median income, dropping to $33,590 in 2018. Since then, it has stabilized around the mid-$30,000 range. The periods of higher diversity (2018-2022) correspond with lower median incomes compared to the years of Hispanic Majority (2013-2017).
The population of Richardson Village has fluctuated considerably. The highest population was recorded during 2014-2016, coinciding with the Hispanic Majority years and higher median incomes. Since 2018, there has been a general decline in population, with the lowest point in 2020 (987 residents). A small increase in population is observed from 2020 to 2022, possibly indicating a new trend.
The median income in Richardson Village ($36,745 in 2022) is lower than the national median household income, which was around $70,000 in 2022. The neighborhood's demographic shifts, particularly the growth in Hispanic population followed by increasing diversity, align with broader national trends of increasing diversity in urban areas. The economic fluctuations, especially the sharp decline after 2016, may reflect broader economic challenges faced by lower-income, diverse urban neighborhoods across the country.
Richardson Village has transitioned from a Hispanic Majority to a Majority-Minority community over the past decade, with increasing diversity accompanied by economic challenges. These changes reflect broader national trends of increasing diversity in urban areas, but also highlight the economic vulnerabilities often faced by diverse, lower-income neighborhoods.