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Demographics
Population
Median Income
Racial Distributions
Catalpa Park, a neighborhood in Boulder, Colorado, exhibits characteristics of Low Diversity, with a predominantly white population (81% as of 2022). The area has maintained a consistent racial composition over the past decade, with slight fluctuations. Economically, the neighborhood has experienced significant income volatility, with median incomes ranging from approximately $73,000 to over $122,000 between 2013 and 2022. Catalpa Park is located in proximity to the University of Colorado Boulder, which likely influences its demographic and economic patterns.
Throughout the 2013-2022 period, Catalpa Park has consistently fallen under the Low Diversity category, with the white population maintaining a significant majority (over 75%) each year. Subtle shifts within this category include an increase in the Hispanic population from 2% in 2013 to 11% in 2022, growth in the "Two or More Races" category from 1% in 2013 to 5% in 2022, and a relatively constant Asian population of 1-3% throughout the decade. These changes suggest a slow trend towards increased racial diversity.
The median income in Catalpa Park has shown significant fluctuations. From 2013 to 2019, median income rose from $81,742 to a peak of $122,556, representing a 50% increase. Between 2020 and 2022, income levels experienced volatility, declining to $91,926 in 2020, increasing to $112,487 in 2021, and decreasing again to $91,861 in 2022. These economic shifts do not appear to directly correlate with the gradual demographic changes, suggesting other factors may be more influential on income levels.
Population growth in Catalpa Park has been moderate but steady, increasing from 1,118 in 2013 to 1,585 in 2022, a 42% increase over the decade. This growth might be attributed to the area's desirability, possibly due to its proximity to the university and Boulder's overall attractiveness.
Boulder, as a whole, is known for being predominantly white but more diverse than Catalpa Park. The city has been addressing issues of racial equity and inclusion, which may be reflected in the slow diversification trend observed in Catalpa Park. The income volatility in the neighborhood might be related to broader economic trends affecting university towns, such as changes in academic funding, shifts in student demographics, or fluctuations in the tech industry, which has a significant presence in Boulder.
The growth in the Hispanic population and individuals identifying as multiracial aligns with national trends, where these groups have been among the fastest-growing demographics. However, the persistence of low diversity in Catalpa Park contrasts with many urban areas that have experienced more rapid diversification over the same period.
Catalpa Park remains a predominantly white, high-income area. Subtle shifts towards increased diversity and significant income fluctuations suggest a neighborhood in gradual transition, influenced by both local factors and broader demographic trends.