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Demographics
Population
Median Income
Racial Distributions
The Riverpark neighborhood in South Bend, Indiana, demonstrates a White Majority demographic composition, with 72% of the population identifying as white in 2022. This racial majority status has persisted over the past decade, albeit with some fluctuations. The neighborhood's median income increased from $39,762 in 2013 to $45,307 in 2022, representing a 14% growth over this period. Riverpark's proximity to the St. Joseph River is a notable geographical feature.
Throughout the 2013-2022 period, Riverpark maintained its status as a White Majority community, with the white population ranging from 71% to 76%. Subtle shifts in other racial categories suggest a trend towards increased diversity. The Hispanic population showed the most significant increase, rising from 6% in 2013 to 11% in 2022. The Black population remained relatively stable, fluctuating between 10% and 13% over the decade. The Asian population and those identifying as "Other" have emerged, each reaching 1% by 2022. The "Two or More Races" category grew from 3% in 2013 to 5% in 2022.
The economic trajectory of Riverpark shows a pattern of gradual growth with some fluctuations. Median income increased from $39,762 in 2013 to $45,307 in 2022, a 14% rise. There were notable fluctuations, with a peak of $50,853 in 2021, followed by a decrease in 2022. The population decreased from 9,941 in 2013 to 9,448 in 2022, a 5% decline, which could indicate changing neighborhood dynamics or housing market shifts.
The economic growth, albeit modest, coupled with the increasing racial diversity, suggests a neighborhood in transition. The rising Hispanic population and the growth in median income might indicate an influx of working-class or middle-class Hispanic families into the area.
The growth in Hispanic population and multiracial identification aligns with national trends of increasing diversity in many urban and suburban areas. The 14% income growth over a decade is modest compared to national averages, which saw about a 20% increase in median household income from 2010 to 2020. The slight population decrease in Riverpark contrasts with the growth seen in many urban areas during this period, which might suggest local economic or housing market challenges.
Riverpark represents a community in gradual transition. While maintaining its White Majority status, it is showing signs of increasing diversity, particularly with growth in the Hispanic population. The economic picture is one of modest growth, though not keeping pace with national averages. These trends suggest a neighborhood that is evolving, potentially facing both opportunities and challenges as it becomes more diverse while navigating economic changes.