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Demographics
Population
Median Income
Racial Distributions
Bellshire, a neighborhood in Fort Wayne, Indiana, exhibits characteristics of a White Majority community with moderate diversity. As of 2022, the neighborhood has a population of 405 residents and a median income of $88,256. Bellshire has experienced significant fluctuations in both its demographic composition and economic indicators over the past decade.
From 2013 to 2022, Bellshire has maintained its status as a White Majority community. However, the neighborhood has shown signs of increasing diversity over time. In 2013, Bellshire was categorized as Low Diversity, with the white population comprising 90% of residents. By 2019, the neighborhood transitioned to Moderate Diversity, with the white population decreasing to 82% and notable increases in Black (10%) and Asian (3%) populations. In 2022, while still a White Majority (79%), Bellshire continues to show Moderate Diversity with significant Asian (10%) and Hispanic (5%) populations.
The median income in Bellshire has shown considerable volatility over the past decade. From 2013 to 2016, there was a significant decrease in median income from $67,728 to $52,413. A recovery period followed, with median income rising to $66,972 by 2019. A dramatic increase occurred in 2020 and 2021, with median income peaking at $101,193 in 2021. In 2022, there was a slight decline to $88,256, still significantly higher than a decade ago.
These economic shifts appear to correlate with demographic changes. The period of increasing diversity (2019-2022) coincides with a substantial increase in median income, suggesting that the influx of new residents, particularly Asian and Hispanic populations, may be associated with higher-income professionals or entrepreneurs moving into the area.
Bellshire's demographic evolution aligns with broader national trends of increasing diversity in suburban areas. The significant growth in the Asian population (from 0% in 2013 to 10% in 2022) is particularly noteworthy and may reflect larger patterns of Asian immigration or internal migration to midsize American cities.
The economic volatility experienced by Bellshire, especially the sharp increase in median income from 2019 to 2021, is more dramatic than typical national trends. This could be indicative of localized factors such as new development projects, changes in local industry, or the attraction of high-earning professionals to the area.
Bellshire represents a microcosm of demographic and economic change, transitioning from a low-diversity, moderate-income area to a more diverse, higher-income neighborhood. This evolution reflects broader national trends towards increasing suburban diversity while also demonstrating unique local dynamics in terms of rapid economic growth and specific patterns of racial composition changes.