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Demographics
Population
Median Income
Racial Distributions
Fairmont Park, a neighborhood in Des Moines, Iowa, exhibits a "White Majority" demographic composition with a moderate level of diversity. As of 2022, the area has a population of 5,395 and a median household income of $58,912. This neighborhood is known for its mix of residential and commercial areas, providing a suburban feel within the city limits of Des Moines.
Over the past decade, Fairmont Park has undergone a transition in its racial composition. In 2013, the neighborhood was categorized as having "Low Diversity" with a white population of 79%. By 2022, while still maintaining a "White Majority" status, the neighborhood has shifted towards "Moderate Diversity." The most significant changes include a decrease in the white population from 79% in 2013 to 74% in 2022, an increase in the Asian population from 0% in 2013 to 5% in 2022, a rise in the Black population from 5% in 2013 to 7% in 2022, and a slight decrease in the Hispanic population from 14% in 2013 to 11% in 2022.
The median household income in Fairmont Park has shown an overall upward trend, rising from $48,609 in 2013 to $58,912 in 2022, an increase of about 21%. This economic growth coincides with the increasing diversity of the neighborhood. There was a significant jump in median income from $60,213 in 2020 to $64,394 in 2021, followed by a decrease to $58,912 in 2022. The population of Fairmont Park has remained relatively stable over the decade, with minor fluctuations. There was a noticeable decrease from 6,059 in 2021 to 5,395 in 2022.
The demographic shifts observed in Fairmont Park align with broader national trends of increasing diversity in suburban areas. Many U.S. cities have experienced similar patterns of diversification in traditionally homogeneous neighborhoods. The economic growth in Fairmont Park also reflects a general trend of rising incomes in many urban and suburban areas across the United States.
The recent decrease in population and median income from 2021 to 2022 may be part of a larger pattern related to the economic impacts of the COVID-19 pandemic and subsequent recovery efforts. Many cities across the U.S. experienced population shifts and economic fluctuations during this period.
Fairmont Park is transitioning from a low-diversity, predominantly white neighborhood to a more moderately diverse community with improving economic indicators. This evolution reflects broader national trends towards increased suburban diversity and economic development, though recent fluctuations suggest ongoing adjustments in response to larger societal and economic factors.