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Demographics
Population
Median Income
Racial Distributions
The Fodor neighborhood in New Albany, Ohio, has experienced a demographic transition from 2013 to 2022. Initially a low diversity area with a 93% white population in 2013, it has evolved into a white majority community with moderate diversity by 2022. The neighborhood population stands at 3,011 with a median income of $123,052 as of 2022, indicating an affluent suburban area.
The most significant changes in racial composition include a decrease in the white population from 93% to 68%, an increase in the Asian population from 5% to 10%, growth in the Hispanic population from 0% to 10%, and the emergence of a Black community from 0% to 6%. This shift characterizes Fodor as a transitional community with increasing diversity over the years.
The median income in Fodor has fluctuated over the decade but remains consistently high. It was $115,378 in 2013, peaked at $156,788 in 2015, and stood at $123,052 in 2022. Despite fluctuations, the neighborhood has maintained its affluent status. The increasing diversity coincides with periods of high median income, suggesting that the area's economic opportunities may be attracting a more diverse population.
The demographic shifts in Fodor align with broader national trends of increasing diversity in suburban areas. Many affluent suburbs across the United States have experienced similar transitions, often driven by factors such as immigration of highly skilled workers, increasing socioeconomic mobility among minority groups, and corporate diversity initiatives attracting diverse talent to the area.
The maintenance of high median incomes alongside increasing diversity is notable, as it suggests that the neighborhood has managed to attract diverse, high-earning professionals. This trend contrasts with some other areas where increasing diversity has been associated with declining property values or incomes.
Fodor's evolution from a low diversity to a moderate diversity, white majority community over the past decade reflects broader national trends towards suburban diversification. The neighborhood's ability to maintain high median incomes while becoming more diverse suggests a positive integration of new residents and potentially points to a model of inclusive suburban growth. As this transitional community continues to evolve, it will be interesting to observe how these demographic shifts influence local culture, community dynamics, and economic opportunities in the coming years.