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Demographic Shifts and Racial Composition in Oakridge Terrace, Fort Worth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Oakridge Terrace, a neighborhood in Fort Worth, Texas, exhibits a demographic profile categorized as "High Diversity" as of 2022. No single racial group exceeds 40% of the population, with Black (33%), Hispanic (31%), White (15%), and Asian (15%) communities significantly represented. The neighborhood has a moderate median income of $25,900, indicative of a working-class community. Oakridge Terrace has experienced substantial population growth, increasing from 4,843 residents in 2021 to 5,853 in 2022.
Oakridge Terrace has undergone a demographic evolution over the past decade. In 2013, the neighborhood was categorized as having "Moderate Diversity," with Black (33%), Hispanic (36%), and White (15%) populations as the primary racial groups. By 2020, it transitioned to "High Diversity" with significant growth in the Asian population from 16% in 2013 to 38% in 2020. This shift represents a major demographic change. The neighborhood has maintained its "High Diversity" status through 2022, with fluctuations in racial group distributions.
The economic landscape of Oakridge Terrace has shown improvement over the past decade, correlating with its demographic shifts. The median income increased from $18,663 in 2013 to $25,900 in 2022, a 39% increase. A significant spike in median income occurred in 2021, reaching $34,015, which corresponded with a peak in the Asian population percentage (34%). The subsequent decrease in both median income and Asian population percentage in 2022 indicates the dynamic nature of these demographic and economic shifts.
The demographic evolution of Oakridge Terrace reflects broader trends observed in many urban areas across the United States, where increasing diversity is reshaping community dynamics. The growth of the Asian population aligns with national trends of Asian American communities expanding beyond traditional gateway cities into suburban and smaller urban areas.
The economic trajectory of Oakridge Terrace, while positive, still places it below the median household income for Fort Worth ($64,567 as of 2021) and the national median ($70,784 in 2021). This suggests that while the neighborhood is experiencing economic growth, it remains a relatively affordable area within the broader Fort Worth context.
Oakridge Terrace exemplifies a dynamic, transitional community where demographic diversity and economic changes are closely intertwined. The neighborhood's evolution over the past decade demonstrates the complex interplay between racial composition, income levels, and population growth, reflecting broader urban trends while maintaining its unique character as a highly diverse, working-class community in Fort Worth.
