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Demographics
Population
Median Income
Racial Distributions
The University of Ohio Akron neighborhood in Akron, Ohio, is classified as a White Majority area with 64% of the population identifying as white in 2022. The neighborhood has shown signs of increasing diversity over the past decade. The median income in 2022 was $22,741, which is characteristic of areas with high concentrations of college students. This college-town setting influences the demographic composition and economic conditions of the neighborhood.
From 2013 to 2022, the University of Ohio Akron neighborhood maintained its White Majority status, but experienced shifts towards increased diversity. The white population decreased from 67% in 2013 to 64% in 2022. The Black population remained relatively stable between 16-20% over the decade. The Asian population increased from 7% in 2013 to 10% in 2022, while the Hispanic population doubled from 2% to 4%. The percentage of individuals identifying as two or more races increased from 2% to 5%. These trends indicate a gradual movement towards a more diverse community composition.
The median income in the neighborhood increased from $16,264 in 2013 to $22,741 in 2022, representing a 40% increase. This growth in income correlates with the increasing diversity of the area. Despite this increase, the median income remains relatively low, likely due to the high concentration of students. The population decreased slightly from 7,843 in 2013 to 6,710 in 2022.
The demographic shifts observed in the University of Ohio Akron neighborhood align with broader national trends of increasing diversity in urban and college-town areas. Many university neighborhoods across the United States have experienced similar patterns of gradual diversification and modest income growth over the past decade.
The low median income, despite its growth, is common for college neighborhoods where a large portion of the population consists of students with limited income. The increasing diversity and rising median income could indicate a gradual transition in the neighborhood's character, possibly attracting more young professionals or international students.
The University of Ohio Akron neighborhood remains categorized as a White Majority area but shows signs of evolving towards a more diverse community. This demographic shift, coupled with steady income growth, suggests a neighborhood in transition, potentially moving towards a more multicultural and economically dynamic future. The unique characteristics of a university neighborhood continue to shape its socio-economic profile, maintaining a balance between diversity, student population, and economic indicators.