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Demographics
Population
Median Income
Racial Distributions
Old West Austin, a neighborhood in Austin, Texas, maintains a "White Majority" demographic composition with 68% of the population identifying as white in 2022. This classification has persisted throughout the analyzed period, albeit with fluctuations. The neighborhood's median income of $75,081 in 2022 indicates its affluent status within the city.
Over the past decade, Old West Austin has consistently maintained its "White Majority" status, with the white population remaining above 50%. The white population percentage peaked at 73% in 2013 and gradually decreased to 68% by 2022, indicating a slow but steady trend towards increased diversity. The Asian population has shown significant growth, rising from 9% in 2013 to a peak of 17% in 2017, before settling at 10% in 2022. This suggests a period of "Moderate Diversity" between 2014-2020 when considering the Asian and Hispanic populations alongside the white majority.
The Hispanic population has fluctuated, reaching a low of 7% in 2017 but increasing to 16% by 2022, indicating a potential "Transitional Community" status with regards to this demographic. Other racial groups, including Black, Native American, Pacific Islander, and multiracial individuals, have maintained relatively small percentages throughout the decade.
The neighborhood's economic status has evolved alongside its demographic shifts. Median income rose from $69,583 in 2013 to a peak of $89,573 in 2019, coinciding with the period of highest Asian population percentage. There was a decrease in median income to $75,081 in 2022, aligning with a decrease in the Asian population and an increase in the Hispanic population. The population of the neighborhood decreased from 7,263 in 2019 to 5,779 in 2020, with only slight increases in the following years.
Old West Austin's gradual increase in diversity aligns with broader trends seen in many urban areas across the United States. The growth in the Asian population, particularly between 2013-2019, mirrors national trends of increasing Asian American populations in many metropolitan areas. The significant drop in population from 2019 to 2020 could be attributed to the COVID-19 pandemic, which affected urban areas nationwide. The subsequent slight population increase and income fluctuations may reflect the economic recovery and shifting work patterns post-pandemic.
The neighborhood's median income, even at its 2022 level of $75,081, remains above the national median household income, indicating that Old West Austin continues to be an affluent area despite recent fluctuations. While Old West Austin maintains its "White Majority" status, it shows signs of a "Transitional Community" with increasing Hispanic representation and fluctuating Asian population. These demographic shifts, coupled with income changes, suggest a dynamic neighborhood adapting to broader socio-economic trends while retaining its overall affluent character.