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Demographics
Population
Median Income
Racial Distributions
Mount Vernon Park, a neighborhood in Fort Wayne, Indiana, exhibits a high diversity demographic composition as of 2022. The neighborhood is characterized by a Hispanic population of 46%, Asian population of 27%, Black population of 19%, and White population of 7%. The median income in the area is $22,554. Over the past decade, Mount Vernon Park has undergone a significant transformation in its racial composition, shifting from a predominantly Black and Hispanic area to one with a growing Asian presence.
In 2013, Mount Vernon Park had a Black plurality with 45% of the population being Black, followed by 30% Hispanic residents. From 2013 to 2015, the neighborhood was classified as having moderate diversity. Between 2016 and 2020, it transitioned to high diversity as the Asian population increased. In 2021-2022, the area shifted towards a Hispanic plurality while maintaining high diversity overall.
The most notable change has been the rapid growth of the Asian population from 0% in 2013 to 27% in 2022, while the Black population decreased from 45% to 19% during the same period. This shift indicates a significant influx of Asian residents and potentially an outmigration of Black residents.
The median income in Mount Vernon Park has increased from $20,681 in 2013 to $22,554 in 2022, representing a growth of about 9% over nine years. This growth has not kept pace with inflation, suggesting a decrease in residents' purchasing power. The population of the neighborhood has decreased significantly, from 1,624 in 2010 to 695 in 2022, a 57% reduction.
The increasing Asian population correlates with a slight increase in median income, potentially suggesting that incoming Asian residents may have higher incomes on average. However, the overall low median income implies that the neighborhood continues to face economic challenges despite its changing demographic makeup.
The demographic shifts observed in Mount Vernon Park are more dramatic than typical national trends. The decline in the Black population percentage is more pronounced than national averages. The median household income for the United States in 2022 was approximately $70,784, significantly higher than Mount Vernon Park's median income of $22,554.
The rapid demographic shifts and persistent low incomes in Mount Vernon Park could indicate broader urban trends such as gentrification, changing immigration patterns, or economic restructuring in the Fort Wayne area. These changes may be bringing new cultural dynamics to the neighborhood but also potentially creating challenges as different groups adapt to a quickly evolving community landscape.