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Demographics
Population
Median Income
Racial Distributions
Hollow Creek, situated in Kentucky's Highview neighborhood, exhibits a demographic profile characterized as a "White Majority" community. As of 2022, the white population comprises 63% of the total, maintaining a majority despite a decline over the past decade. The neighborhood has experienced demographic shifts, particularly in its Hispanic and Black populations, indicating a trend towards increasing diversity. Economically, Hollow Creek has maintained a relatively stable median income of approximately $65,000-$70,000 in recent years.
Over the past decade, Hollow Creek has transitioned from a "Low Diversity" community towards a more diverse demographic composition. In 2013, the white population constituted 72% of the total, meeting the criteria for "Low Diversity." By 2022, this percentage had decreased to 63%, approaching the "Moderate Diversity" category. The most significant changes include an increase in the Hispanic population from 7% in 2013 to 12% in 2022, growth in the Black population from 17% in 2013 to 20% in 2022, and a slight increase in the Asian population and those identifying as two or more races. These shifts suggest that Hollow Creek is becoming a "Transitional Community," with minority groups collectively gaining a larger share of the population.
The median income in Hollow Creek has shown moderate growth over the past decade, increasing from $60,730 in 2013 to $64,561 in 2022. This represents a growth of about 6.3% over nine years. The income trends do not show a strong correlation with the demographic shifts. Despite the increasing diversity, the median income has remained relatively stable, with some fluctuations. The highest median income was recorded in 2019 at $69,477, coinciding with a period of accelerated demographic change.
The population has grown from 23,053 in 2013 to 25,290 in 2022, an increase of about 9.7%. This population growth, combined with the demographic shifts, suggests that the area is attracting a diverse range of new residents while maintaining its economic stability.
The demographic shifts observed in Hollow Creek align with broader national trends of increasing diversity in suburban areas. Many U.S. cities have experienced similar transitions, with growing Hispanic and Asian populations and a relative decrease in the white majority. The economic stability of Hollow Creek, despite significant demographic changes, is notable. In many areas across the U.S., rapid demographic shifts have been accompanied by more dramatic economic changes. The fact that Hollow Creek has maintained a relatively stable median income suggests a smooth integration of new residents into the local economy.
The median income growth of 6.3% over nine years is below the national average for this period. This could indicate that while the area is becoming more diverse, it may be facing some economic challenges or experiencing slower economic growth compared to national trends. Hollow Creek is transitioning from a predominantly white, low-diversity area to a more diverse community. This transition has been gradual and appears to be occurring without major economic disruptions. As the community continues to evolve, it will be important to observe how these demographic changes influence local culture, community dynamics, and economic opportunities in the future.