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Demographic and Economic Trends in Trace Ridge: A Study of Racial Composition and Income Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Trace Ridge, a neighborhood in Fort Worth, Texas, exhibits a Low Diversity profile with a White Majority, as 84% of its population identifies as white in 2022. The area has a current median income of $156,992, placing it above the national average. Trace Ridge has experienced a population increase from 1,885 in 2010 to 4,112 residents in 2022.
Over the past decade, Trace Ridge has maintained its status as a White Majority community, with fluctuations. In 2013, the neighborhood showed Moderate Diversity, with a 74% white population and Asian (7%) and Hispanic (15%) representation. By 2022, the area transitioned to Low Diversity, with the white population increasing to 84%.
The Asian population varied, peaking at 22% in 2018 before declining to 7% in 2022. The Hispanic population decreased from 15% in 2013 to 8% in 2022.
The median income in Trace Ridge has shown volatility. It started at $126,744 in 2013, dropped to $80,759 in 2019, and increased to $156,992 in 2022. This recent increase in median income correlates with the shift to a more homogeneous racial composition.
The population growth from 1,885 in 2010 to 4,112 in 2022 suggests rapid development, which may have influenced both demographic and economic trends. This growth could be attributed to new housing developments attracting a specific demographic.
The trends in Trace Ridge appear to diverge from national trends towards increasing diversity. Trace Ridge's shift towards increased homogeneity and rising incomes suggests it may be becoming an enclave for affluent white residents within the Fort Worth area.
The median household income in Trace Ridge ($156,992 in 2022) is higher than the national median household income of $70,784 in 2021. This indicates that Trace Ridge is becoming an increasingly affluent neighborhood.
Trace Ridge has evolved from a moderately diverse community to a more homogeneous, affluent white-majority neighborhood over the past decade. This transformation, coupled with population growth and income increases, suggests a pattern of development that may be altering the socio-economic fabric of the area.
