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Demographics
Population
Median Income
Racial Distributions
Paragon Mills, a neighborhood in Nashville, Tennessee, exhibits a Moderate Diversity demographic profile with a White Plurality as of 2022. The neighborhood has a population of 1,234 and a median income of $61,359. Paragon Mills has undergone significant demographic shifts over the past decade.
From 2013 to 2016, Paragon Mills was characterized as a Majority-Minority community. The combined percentage of minority groups exceeded 70% of the population. From 2017 to 2020, Paragon Mills showed signs of being a Transitional Community. There was an increase in the Asian population from 12% to 22% and a decrease in the Hispanic population from 31% to 18%. By 2022, the neighborhood had transitioned to a Moderate Diversity profile with a White Plurality. The White population increased from 29% in 2020 to 40% in 2022, while the Asian population decreased from 22% to 1%.
The median income in Paragon Mills has shown overall growth, increasing from $38,382 in 2013 to $61,359 in 2022, a 60% increase. This economic improvement correlates with the demographic shifts. From 2013 to 2017, as the community transitioned from Majority-Minority to a more diverse profile, median income increased by 61%. During the transitional years from 2018 to 2021, income levels fluctuated, dropping to $55,592 in 2019 before rising again. With the establishment of a Moderate Diversity profile in 2022, income levels have stabilized around $61,000.
The demographic evolution of Paragon Mills reflects broader trends seen in many urban areas across the United States. Many U.S. cities have experienced growing diversity, with traditionally minority neighborhoods seeing an influx of White residents, often associated with gentrification processes. The substantial increase in median income (60% over a decade) outpaces the national average, which saw about a 30% increase in median household income during a similar period.
The significant rise and subsequent fall in the Asian population percentage is unique and may reflect specific local factors or changes in immigration patterns. The decrease in the Hispanic population from 37% in 2013 to 31% in 2022 might indicate changing settlement patterns or economic pressures affecting this community.
These changes in Paragon Mills illustrate the dynamic nature of urban demographics and economics, showcasing how neighborhoods can transform significantly over a relatively short period. The shift towards Moderate Diversity with increasing income levels suggests a neighborhood in transition, potentially experiencing gentrification or urban renewal processes. This evolution likely brings both opportunities and challenges for long-term residents and newcomers alike, affecting community cohesion, local businesses, and cultural dynamics within the neighborhood.