Loading Content...
Demographic and Racial Composition Analysis of Victoria Park Neighborhood, Renton, Washington
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Victoria Park, a neighborhood in Renton, Washington, exhibits a Moderate Diversity profile as of 2022. The racial composition includes 36% Asian, 31% White, and 19% Hispanic populations. The neighborhood's median income was $110,984 in 2022, indicating an upper-middle-class economic status. Victoria Park's proximity to the Boeing Renton Factory is noted as a potential influence on its demographic and economic trends.
Over the past decade, Victoria Park has transitioned from an Asian Plurality community to one of Moderate Diversity. In 2013, the neighborhood had an Asian Majority (44%) with a significant White minority (28%). By 2022, no single racial group held a majority. The Hispanic population increased significantly, rising from 1% in 2015 to 19% in 2022, contributing to the neighborhood's increased diversity.
The Black population in Victoria Park has remained relatively stable, fluctuating between 8% and 18% throughout the decade. The White population experienced a slight decline from its peak of 42% in 2020 to 31% in 2022. The median income in Victoria Park has shown an overall upward trend, increasing from $104,483 in 2013 to $110,984 in 2022, with fluctuations in between. A significant spike in median income to $123,910 occurred in 2021, coinciding with a temporary decrease in population.
The increasing diversity, particularly the growth in the Hispanic population, has occurred alongside the general increase in median income. This suggests that the neighborhood has been attracting a diverse range of middle to upper-middle-class residents, potentially due to its proximity to major employers like Boeing.
The demographic shifts observed in Victoria Park align with broader trends seen in many suburban areas across the United States, where increasing diversity is becoming common. The growth in the Hispanic population mirrors national trends of Hispanic population growth in suburban areas. The neighborhood's median income consistently remains above the national median household income, indicating that Victoria Park is an affluent area within the broader context of the United States.
The stability of the high median income alongside increasing diversity suggests that Victoria Park has maintained its economic status while becoming more inclusive. This trend differs from some other areas where increasing diversity has been associated with economic challenges. Victoria Park presents a case of a Transitional Community evolving towards greater diversity while maintaining a strong economic profile. The neighborhood's ability to attract diverse, affluent residents may be attributed to its location near major employers and the overall economic strength of the Seattle metropolitan area.
