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Demographics
Population
Median Income
Racial Distributions
Sherwood Park in Huntsville, Alabama, has undergone significant demographic changes from 2013 to 2022. The neighborhood has maintained a White Majority throughout this period, with the white population consistently exceeding 50%. In 2022, the white population comprised 57% of the total, categorizing Sherwood Park as having "Moderate Diversity" with a White Majority. The community has transitioned from relatively Low Diversity in 2013 to Moderate Diversity by 2022, as evidenced by the increasing representation of multiple racial groups.
The Black population in Sherwood Park showed significant variations, peaking at 37% in 2017 before declining to 18% in 2022. This indicates a potential outmigration or demographic shift. Concurrently, there has been a noticeable increase in the Hispanic population, rising from 2% in 2013 to 9% in 2022. The population identifying as two or more races also increased from 0% to 9% during the same period, suggesting a trend towards a more diverse community.
The Asian population in Sherwood Park exhibited variability, starting at 7% in 2013, dropping to as low as 1% in some years, and returning to 7% by 2022. Despite these demographic shifts, the neighborhood's economic landscape has shown a concerning downward trend. The median income has decreased significantly from $51,599 in 2013 to $42,437 in 2022, representing a drop of nearly 18%.
Despite the economic decline, Sherwood Park's population has grown from 2,798 in 2013 to 3,491 in 2022, an increase of about 25%. The increase in diversity appears to correlate with the decline in median income, which could suggest changing economic opportunities or shifts in the local job market.
The trend towards increased diversity in Sherwood Park aligns with broader national trends of growing diversity in many urban and suburban areas. However, the declining median income contrasts with national trends, where median household income has generally increased over the past decade, suggesting local economic challenges specific to this area. The growth in the Hispanic and multiracial populations reflects similar demographic shifts seen in many parts of the United States.
Sherwood Park has transitioned from a predominantly White community with Low Diversity to a Moderately Diverse neighborhood with a persistent White Majority. This demographic evolution, coupled with economic challenges, indicates a community in transition. The proximity to the U.S. Space and Rocket Center may influence the local economy and attract a diverse workforce, but the declining income levels suggest a complex interplay of factors affecting the local economy and community composition.