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Demographics
Population
Median Income
Racial Distributions
Lincolnway Village in Cedar Rapids, Iowa, is a White Majority community with moderate diversity. The white population comprises 68% of the total in 2022. The neighborhood has undergone significant demographic and economic changes over the past decade. In 2022, the median income was $62,785, and the population was 4,163.
Over the past decade, Lincolnway Village has transitioned from a Low Diversity community to one with Moderate Diversity. In 2013, 87% of the population identified as white. By 2022, this percentage decreased to 68%. The Black population increased from 2% in 2013 to 10% in 2022. The Hispanic population grew from 2% to 10% over the same period. The Two or More Races category increased from 2% to 6%.
The demographic shifts in Lincolnway Village correlate with significant economic changes. The median income rose from $42,305 in 2013 to $62,785 in 2022, representing a 48.4% increase over nine years. The population of Lincolnway Village fluctuated over the decade, dropping to a low of 2,613 in 2016 before steadily increasing to 4,163 in 2022.
The demographic changes in Lincolnway Village reflect broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar transitions from predominantly white communities to more diverse neighborhoods over the past few decades. The income growth in Lincolnway Village aligns with national trends of economic recovery and growth following the 2008 financial crisis.
The rate of diversification in Lincolnway Village appears to be more rapid than the national average. This neighborhood has seen a significant change in its racial composition over just a decade. The economic growth in Lincolnway Village is particularly noteworthy. The 48.4% increase in median income over nine years outpaces the national average for income growth during this period.
Lincolnway Village exemplifies a suburban neighborhood in transition, moving from low diversity to moderate diversity while experiencing significant economic growth. These changes reflect broader national trends but occur at an accelerated pace, potentially positioning the neighborhood as an emerging area of opportunity and diversity within Cedar Rapids and the broader Iowa context.