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Demographic Profile of Falcon Ridge: A White Majority Neighborhood with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Falcon Ridge, a neighborhood in Fort Worth, Texas, exhibits a demographic profile classified as a "White Majority" community. As of 2022, the white population constitutes 62% of the neighborhood. The median income in Falcon Ridge was $76,425 in 2022, indicating an affluent suburban area within the Fort Worth metropolitan region.
Over the past decade, Falcon Ridge has maintained its status as a "White Majority" community, with the white population ranging between 57% and 67%. The Hispanic community has fluctuated between 16% and 28%, suggesting a "Moderate Diversity" element. The black population experienced an increase from 2017 to 2019, peaking at 13% in 2018, before decreasing to 9% in 2022. The Asian population, though small, has shown recent growth, increasing from 1% in 2020 to 5% in 2022.
The economic profile of Falcon Ridge has demonstrated significant volatility over the past decade. There was a substantial increase in median income from $86,742 in 2019 to $139,685 in 2020, followed by a decrease to $123,879 in 2021. The most recent data indicates a sharp decline in median income to $76,425 in 2022. Concurrent with these income fluctuations, the neighborhood has experienced a gradual population decline from 4,167 in 2015 to 3,412 in 2022.
The median income of Falcon Ridge, even after the recent decline, remains above the national median, typical of many affluent suburban communities. The gradual increase in diversity, particularly the growth in Hispanic and Asian populations, aligns with broader national trends of increasing diversity in suburban areas. The significant income fluctuations observed in Falcon Ridge between 2019 and 2022 are likely more extreme than national averages, suggesting local factors at play.
Falcon Ridge represents a predominantly white, affluent suburban neighborhood that is experiencing gradual diversification and recent economic volatility. While it maintains its "White Majority" status, the community shows signs of slowly transitioning towards greater diversity. The economic fluctuations, particularly the recent decline in median income, warrant close observation to determine if they represent a temporary adjustment or a longer-term trend that could impact the neighborhood's demographic and socioeconomic character in the coming years.
