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Demographic and Racial Composition Changes in Eastwood Park, Minot, North Dakota
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Eastwood Park, a neighborhood in Minot, North Dakota, is characterized as a Low Diversity area with a White Majority. As of 2022, the population is 80% white with a median income of $63,333. The neighborhood has experienced a significant population decline from 524 residents in 2010 to 245 in 2022. This decrease in population, along with changes in racial composition and median income, indicates a neighborhood in transition.
From 2013 to 2022, Eastwood Park has maintained its Low Diversity status with a White Majority. However, there are indications of increasing diversity. The white population percentage decreased from 97% in 2013 to 80% in 2022. The Hispanic population increased from 1% in 2013 to 8% in 2022. A category for "two or more races" emerged in 2020 and grew to 11% by 2022. These changes suggest a gradual diversification of the neighborhood.
The median income in Eastwood Park has shown significant fluctuations. It reached a peak of $124,352 in 2018, coinciding with the lowest population point. A sharp decline to $70,660 occurred in 2019, followed by further variations. The 2022 median income of $63,333 is slightly higher than the 2013 figure of $59,543. This economic instability correlates with the demographic shifts and population decline.
The trends in Eastwood Park reflect some broader national patterns. Many urban areas in the U.S. have experienced increased diversity over the past decade. The growth in the Hispanic population and those identifying as two or more races aligns with national demographic trends. The significant population decline is atypical for most urban areas but could be related to local economic factors or migration patterns specific to North Dakota or Minot.
The economic volatility seen in Eastwood Park may be more pronounced than national averages, possibly reflecting local economic challenges or opportunities unique to the area. The peak in median income coincided with the lowest population, suggesting that higher-income residents may have remained while others left the area. The subsequent decline in income could indicate an influx of more diverse, potentially lower-income residents.
In conclusion, Eastwood Park remains a Low Diversity area with a White Majority, but shows signs of gradual diversification. The neighborhood has experienced significant population loss and economic volatility, suggesting a community in flux. These changes may be reshaping the social and economic fabric of the area, potentially leading to new challenges and opportunities for community development and integration.
