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Demographics
Population
Median Income
Racial Distributions
The Wood Streets neighborhood in Riverside, California, has transitioned from a Moderate Diversity area with a White Plurality to a Majority-Minority community with a Hispanic Plurality over the past decade. As of 2022, the Hispanic population constitutes 57% of the neighborhood, while the White population represents 39%. The median income in 2022 was $75,113, reflecting a middle-class suburban area. The neighborhood is known for its historic charm, featuring tree-lined streets and well-preserved craftsman-style homes from the early 20th century.
Over the past decade, the Wood Streets neighborhood has undergone a significant transformation in its racial composition. In 2013, it was categorized as a Moderate Diversity area with a White Plurality (46% White, 45% Hispanic). By 2016, it had transitioned to a White Majority community (51% White). However, from 2017 onwards, the neighborhood began shifting towards a Majority-Minority status, with the Hispanic population steadily increasing. By 2020, it had become a Majority-Minority community with a Hispanic Plurality, a trend that has continued through 2022.
The median income in the Wood Streets neighborhood has shown overall growth, albeit with some fluctuations. In 2013, the median income was $62,253, which increased to $86,861 by 2021, before settling at $75,113 in 2022. This general upward trend in income correlates with the demographic shifts, suggesting that the changing racial composition may be linked to economic factors.
As the Hispanic population increased, there was a corresponding rise in median income, particularly notable between 2017 and 2021. This could indicate that the incoming Hispanic residents are relatively affluent, possibly professionals or established families attracted to the historic charm and improving economic conditions of the neighborhood.
The population has remained relatively stable over the decade, fluctuating between about 6,800 and 7,400 residents. This stability, combined with increasing diversity and rising incomes, suggests a gradual turnover of residents rather than a rapid influx or exodus.
The demographic shift observed in the Wood Streets neighborhood aligns with broader trends seen across California and many urban areas in the United States. California as a whole became a Majority-Minority state in 2014, with Hispanics becoming the largest ethnic group. The Wood Streets' transition reflects this larger state-wide trend, albeit occurring a few years later.
The increasing Hispanic population in middle-class neighborhoods is also consistent with national trends showing growing Hispanic middle-class representation. The rising median income in Wood Streets, particularly as the Hispanic population grew, mirrors the increasing economic mobility of Hispanic Americans observed in many parts of the country.
The Wood Streets neighborhood stands out for maintaining its historic character while undergoing these demographic changes. This blend of evolving demographics within a preserved architectural setting creates a unique community dynamic, potentially serving as a model for inclusive neighborhood development that respects historical heritage.
The Wood Streets neighborhood exemplifies a Transitional Community, evolving from a Moderate Diversity area to a Majority-Minority community with a Hispanic Plurality over the past decade. This transition has been accompanied by overall economic growth, suggesting a complex interplay between demographic shifts and economic development in this historic Riverside neighborhood.