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Demographics
Population
Median Income
Racial Distributions
Lorraine Park, a neighborhood in Evansville, Indiana, currently exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the white population constitutes 75% of the community, with a median income of $44,503. Lorraine Park has experienced significant fluctuations in both its demographic composition and economic status over the past decade.
From 2013 to 2022, Lorraine Park transitioned from a Moderate Diversity community to a Low Diversity, White Majority neighborhood. In 2013, the community displayed a racial composition with 58% white, 30% Hispanic, and 9% black residents. Over the years, there has been an increase in the white population, reaching 75% by 2022, while the Hispanic population decreased from 30% to 3%. The black population has shown an increase from 9% to 17% over this period.
The neighborhood's economic trajectory correlates with its demographic shifts. The median income has increased from $32,080 in 2013 to $44,503 in 2022, representing a growth of about 39%. There was a spike in median income to $62,499 in 2021, followed by a decline in 2022. This upward trend in income coincides with the increase in the white population percentage, suggesting a possible relationship between the changing racial composition and economic status of the neighborhood.
The demographic evolution of Lorraine Park reflects broader national trends of increasing racial segregation in some urban and suburban areas. The decline in the Hispanic population may warrant further investigation into local economic or policy changes that could have influenced this shift.
The neighborhood's median income growth outpaces the national average, which saw an increase of about 10% from 2013 to 2022. This suggests that Lorraine Park has experienced more rapid economic changes than many other areas in the country.
The population of Lorraine Park has remained relatively stable over the decade, fluctuating between approximately 1,600 to 2,100 residents. This stability in overall population, combined with demographic shifts, indicates that the changes are likely due to population turnover rather than large-scale new development or abandonment.
Lorraine Park has undergone a transformation from a moderately diverse community to a predominantly white, economically improving neighborhood. This case study highlights the interplay between racial demographics and economic factors in shaping the character and composition of urban neighborhoods.