Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Hampton Village in Fort Wayne, Indiana, demonstrates a demographic shift from 2013 to 2022. The neighborhood transitioned from a "Low Diversity" area with 85% white population in 2013 to a "White Majority" with 76% white population in 2022, indicating an increase in diversity. The median income in 2022 was $62,720.
The most significant change occurred in the Asian population, which increased from 2% in 2013 to 16% in 2022. This growth suggests a transition towards a more diverse community. The Black population remained relatively stable between 2% and 6% over the years. The Hispanic population showed some growth until 2019 but subsequently declined. The proportion of residents identifying as two or more races varied, peaking at 8% in 2021 before settling at 3% in 2022.
The median income in Hampton Village exhibited considerable volatility over the past decade. From 2013 to 2019, there was a general downward trend, with median income falling from $64,649 to $59,165. However, 2020 and 2021 saw a dramatic spike in median income, reaching $128,716 in 2021, before sharply declining to $62,720 in 2022.
The economic fluctuations coincided with significant demographic shifts. The sharp increase in median income in 2020-2021 correlates with a peak in the Asian population percentage, suggesting that highly skilled, well-compensated Asian professionals may have moved into the area during this period. The subsequent decline in both median income and the Asian population percentage in 2022 might indicate a partial reversal of this trend.
The demographic evolution of Hampton Village reflects broader national trends of increasing diversity in suburban areas. Many mid-sized cities across the Midwest have experienced similar patterns of growing Asian populations, often tied to technology sectors or higher education institutions. The economic volatility observed in Hampton Village, particularly the dramatic spike and subsequent decline in median income, is somewhat unusual and may reflect localized factors such as the arrival and departure of a major employer or the impact of the COVID-19 pandemic on the local job market.
Hampton Village exemplifies a "Transitional Community," moving from low diversity towards moderate diversity over the past decade. This transition has been accompanied by significant economic fluctuations, highlighting the complex interplay between demographic changes and economic conditions in evolving suburban neighborhoods.