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Demographics
Population
Median Income
Racial Distributions
Downtown Las Vegas is characterized as a Moderate Diversity neighborhood with a Hispanic plurality. As of 2022, the area has a population of 11,376 and a median income of $22,691. This urban core of Las Vegas is known for its entertainment scene, including the Fremont Street Experience, and has undergone redevelopment efforts in recent years.
Over the past decade, Downtown Las Vegas has maintained its status as a Moderate Diversity area. In 2013, the neighborhood had a White plurality (42%), but by 2022, it transitioned to a Hispanic plurality (30%). This change reflects a trend of increasing Hispanic population in many urban areas across the United States. The Black population has remained relatively stable, around 21-22% throughout the period. The Asian population saw a slight increase from 4% in 2013 to 7% in 2017, before returning to 4% in 2022. The percentage of individuals identifying as two or more races has grown from 2% in 2013 to 5% in 2022, indicating a trend towards increasing multiracial identity.
The median income in Downtown Las Vegas has increased over the past decade, rising from $13,340 in 2013 to $22,691 in 2022, representing a 70% increase. This growth in median income correlates with the neighborhood's evolving demographic composition and likely reflects ongoing urban renewal efforts. The population has remained relatively stable, fluctuating between 10,897 and 12,099 over the decade. The slight population growth, combined with the increase in median income, suggests a trend of economic improvement in the area, possibly due to gentrification or urban development initiatives.
The demographic shifts observed in Downtown Las Vegas align with broader national trends of increasing diversity in urban cores. The growth in the Hispanic population and those identifying as multiracial is consistent with patterns seen in many U.S. cities. The increase in median income (70% over a decade) is noteworthy and may outpace national averages for urban income growth.
The persistence of moderate diversity, rather than a transition to high diversity, suggests that while the neighborhood is changing, it is maintaining a balance among different racial groups. This could indicate a level of stability in the community composition, even as economic conditions improve.
The economic growth in Downtown Las Vegas is likely influenced by the city's broader economic recovery following the 2008 financial crisis and subsequent efforts to diversify beyond its traditional gaming-centric economy. The redevelopment of downtown areas, including projects like the Downtown Project initiated by Zappos CEO Tony Hsieh, may have contributed to the area's economic revitalization and demographic shifts.
Downtown Las Vegas exemplifies a moderately diverse urban neighborhood experiencing economic growth while maintaining a balance among various racial groups. The transition from a White plurality to a Hispanic plurality, coupled with income growth, reflects both local urban renewal efforts and broader national demographic trends.