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Demographics
Population
Median Income
Racial Distributions
The Parkade neighborhood in Columbia, Missouri, transitioned from a Low Diversity area to one with Moderate Diversity between 2013 and 2022. In 2022, Parkade presented as a White Majority community with a median income of $62,226. The neighborhood is characterized by mid-century modern homes and proximity to shopping centers.
From 2013 to 2022, Parkade experienced demographic shifts. The white population decreased from 78% to 73%, while the Black population increased from 8% to 17%. The Hispanic population grew from 1% to 4%. These changes resulted in the area's reclassification from Low Diversity to Moderate Diversity.
Economic trends correlated with demographic changes. The median income increased from $40,962 in 2013 to $62,226 in 2022, representing a 52% growth. Population fluctuated over the decade, with a low of 2,465 in 2019 and a high of 3,159 in 2016. The 2022 population of 2,938 is similar to 2013 levels.
Parkade's trends align with national patterns of increasing diversity in suburban and urban neighborhoods. The 52% increase in median income over nine years exceeds the national average of approximately 30% for the same period. This above-average income growth, combined with increasing diversity, may indicate Parkade's growing desirability within Columbia.
The stable population numbers, despite economic growth, suggest Parkade may be experiencing gentrification or housing turnover. Newer, more affluent residents may be moving in as the neighborhood becomes more attractive, leading to observed increases in diversity and median income.
Parkade's evolution from a Low Diversity to a Moderate Diversity community, accompanied by significant economic growth, reflects broader national trends towards increased suburban diversity and economic development. The neighborhood's transformation, balancing stable population with increased diversity and median income, could serve as a case study for urban planners and sociologists studying neighborhood change.