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Demographics
Population
Median Income
Racial Distributions
Saint Joseph neighborhood in Parkway Village, Kentucky, is classified as a "White Majority" community as of 2022, with a median income of $57,296. The neighborhood has shown increasing diversity over the past decade, though it remains predominantly white. Saint Joseph has experienced significant population fluctuations, with a notable decrease in 2021 followed by a partial recovery in 2022, suggesting potential socio-economic factors influencing residential patterns.
From 2013 to 2022, Saint Joseph has consistently maintained its status as a "White Majority" community. However, there is a clear trend towards increased diversity. The white population decreased from 84% in 2019 to 74% in 2022, indicating a gradual shift towards a more diverse community. The Black population increased from 5% in 2017 to 10% in 2022, showing the most significant growth among minority groups. The Asian population has fluctuated but generally increased from 3% in 2017 to 7% in 2022. The Hispanic population has remained relatively stable, hovering around 4-6% throughout the decade.
The median income in Saint Joseph has shown a generally upward trend, correlating with the increasing diversity. From 2013 to 2022, the median income increased from $39,330 to $57,296, a significant 45.7% increase. The most substantial income growth occurred between 2018 and 2020, coinciding with the period of increasing racial diversity. The population fluctuated throughout the decade, with a sharp decrease in 2021 (from 3,448 to 2,825) followed by a partial recovery in 2022 (to 3,262). This could indicate changing neighborhood dynamics, possibly related to economic factors or housing availability.
The trend towards increasing diversity in Saint Joseph aligns with broader national trends of growing diversity in many American communities. The significant income growth over the decade (45.7%) outpaces the national average income growth rate, which typically hovers around 2-3% annually. The sharp population decline in 2021 could be related to broader trends such as the COVID-19 pandemic's impact on housing and employment patterns.
Saint Joseph is experiencing a gradual transition towards greater diversity while maintaining its "White Majority" status. This demographic shift has coincided with substantial economic growth, suggesting a potentially positive relationship between increasing diversity and economic prosperity in the neighborhood. However, the recent population fluctuations warrant further investigation into local economic and housing factors that may be influencing residential patterns in the area.