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Demographic Evolution in Cannon Industrial Park: Racial Diversity and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Cannon Industrial Park in Sacramento, California, exhibits demographic changes from 2013 to 2022. The neighborhood transitioned from a "Hispanic Plurality" to a "Moderate Diversity" community. In 2022, the white population comprised 42%, while the Hispanic population was 41%. The median income increased from $28,522 in 2013 to $41,757 in 2022.
The Black population increased from 8% in 2013 to 12% in 2022. The Asian population grew from 1% to 3% during this period. These changes contributed to the area's increasing diversity. The population remained relatively stable, fluctuating between approximately 1,200 to 1,500 residents over the decade.
The economic growth in Cannon Industrial Park correlates with the demographic shifts. The median income increase of about 46% suggests improving economic opportunities in the area. This trend, combined with the stable population, may indicate a gradual gentrification process or the transformation of industrial spaces into mixed-use developments.
The trends in Cannon Industrial Park reflect patterns observed in many urban areas across the United States. Former industrial neighborhoods are experiencing demographic diversification and economic revitalization. The increase in median income in this neighborhood outpaces the national average over the same period, indicating a more rapid economic transformation compared to many other areas.
The growth in the Black and Asian populations, concurrent with a slight decrease in the Hispanic population proportion, aligns with California's overall trend towards increasing diversity. However, the maintenance of the white population's plurality status differs from many urban areas in California that have seen more significant shifts towards minority-majority status.
Cannon Industrial Park exemplifies a neighborhood in transition. It has evolved from a predominantly Hispanic, lower-income area to a more economically diverse community with a more balanced racial composition. This evolution reflects broader urban renewal trends but with unique characteristics, likely influenced by its industrial heritage and Sacramento's specific economic and demographic dynamics.
