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Demographics
Population
Median Income
Racial Distributions
Southeast Como, a neighborhood in Minneapolis, Minnesota, is characterized as a White Majority community with Moderate Diversity as of 2022. The white population comprises 71% of residents, with Asian (11%) and Hispanic (9%) groups representing significant minorities. The neighborhood has undergone notable demographic and economic changes over the past decade, likely influenced by its proximity to the University of Minnesota.
From 2013 to 2022, Southeast Como maintained its White Majority status while experiencing shifts in diversity patterns. The white population fluctuated between 64% and 75%, while the Asian population decreased slightly from 13% to 11%. The Black population saw a significant decrease from 7% to 3%. Conversely, the Hispanic population increased from 3% to 9%, and those identifying as two or more races increased from 3% to 7%. These changes transformed the neighborhood from Low Diversity in 2013-2014 to Moderate Diversity by 2022, primarily due to the growth in Hispanic and multiracial populations.
The median income in Southeast Como has shown significant fluctuations over the decade. From 2013 to 2016, there was a decline from $60,071 to $53,813. This was followed by a steady increase to $70,961 from 2017 to 2020. In 2021-2022, there was a sharp rise to $78,434, followed by a decrease to $72,312. These economic changes correlated with demographic shifts, with the initial income decline coinciding with a slight decrease in the white population and increases in Black and Asian populations. The subsequent income rise aligned with an increase in the white population percentage and growth in Hispanic and multiracial groups.
The demographic changes in Southeast Como reflect broader national trends of increasing diversity in urban areas. The growth in Hispanic and multiracial populations is consistent with national patterns. However, the decrease in the Black population percentage is notable. The economic trajectory of Southeast Como, with its recent sharp increase in median income, suggests a trend towards gentrification or increased affluence. This could be related to its proximity to the University of Minnesota.
The neighborhood's population has remained relatively stable over the decade, with minor fluctuations. This stability, combined with increasing diversity and rising incomes, suggests a gradual transformation of the community's socio-economic fabric rather than rapid, disruptive change. Southeast Como exemplifies a neighborhood in transition, moving towards greater diversity while experiencing economic growth. These changes likely have implications for local businesses, housing markets, and community dynamics.