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Demographic and Racial Composition of Millstone Neighborhood in Fort Wayne, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Millstone neighborhood in Fort Wayne, Indiana, is characterized by Low Diversity with a White Majority comprising 87% of the population as of 2022. The median income in the neighborhood reached $73,732 in 2022, indicating an increase over the past decade. Millstone is known for its historic homes and tree-lined streets, which contribute to its desirability as a residential area.
Over the past decade, Millstone has maintained its status as a White Majority community. In 2013, the neighborhood exhibited extremely Low Diversity, with 90% of the population identifying as white. From 2015 to 2019, there was a slight trend towards Moderate Diversity, with the white population decreasing to around 80% and increases in Asian and Black populations. By 2022, the community returned to a state of Low Diversity, with the white population rising to 87%.
The Asian population in Millstone increased from 2% in 2013 to 8% in 2022, suggesting a small but growing Asian community. The Black population increased from 1% to 3% over the same period, though it experienced higher percentages (up to 8%) in the mid-2010s before declining again.
The median income in Millstone increased from $63,932 in 2013 to $73,732 in 2022, representing a 15.3% growth over the decade. This increase correlates with the maintenance of the White Majority status and the slight increase in the Asian population. The period of slightly higher diversity (2015-2019) coincided with more volatile median income, which saw both increases and decreases. The return to Lower Diversity in recent years has been accompanied by a stabilization and increase in median income.
The population of Millstone has fluctuated, peaking at 1,800 in 2018 before declining to 1,257 in 2022. This recent population decrease, coupled with rising median incomes, may indicate a trend towards fewer but more affluent households in the neighborhood.
The demographic trends in Millstone partially reflect broader national patterns of increasing diversity, but at a slower pace. The economic growth in Millstone outpaces the national average, with Millstone's median household income growing by 15.3% between 2013 and 2022, compared to the national average of about 10%. This suggests that Millstone is becoming increasingly affluent relative to national averages.
The slight increase in Asian population in Millstone aligns with national trends of growing Asian communities in suburban and urban areas, often associated with high-skilled professional jobs and above-average incomes.
Millstone has largely maintained its status as a predominantly white, affluent neighborhood. The economic growth and stability of the area, combined with its historic character, likely contribute to its continued desirability and resistance to significant demographic shifts seen in other urban areas across the United States.
