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Demographics
Population
Median Income
Racial Distributions
Ridgeview Estates, a neighborhood in Nashville, Tennessee, is classified as a Low Diversity community with a White Majority. As of 2022, the neighborhood has a population of 958 and a median income of $57,423. The neighborhood has experienced demographic shifts over the past decade, moving towards increased diversity and changing economic conditions.
From 2013 to 2022, Ridgeview Estates has maintained its status as a Low Diversity community with a White Majority. However, there are indications of a gradual transition towards increased diversity. The White population decreased from 91% in 2013 to 78% in 2022, maintaining a clear majority but showing a downward trend. The Hispanic population emerged as a significant minority, growing from 0% in 2013 to 17% in 2022. The population identifying as two or more races increased from 1% in 2013 to 4% in 2022.
These changes suggest that Ridgeview Estates is becoming a Transitional Community, slowly moving towards Moderate Diversity. The most significant shift is the introduction and growth of the Hispanic population, which may be indicative of broader demographic changes in the Nashville area.
The median income in Ridgeview Estates has fluctuated over the past decade. It peaked at $73,299 in 2016 and reached its lowest point at $57,423 in 2020 and 2022. The overall trend shows a decline in median income, particularly sharp from 2019 to 2020, dropping from $69,090 to $57,423. This economic downturn coincides with the increased diversity in the neighborhood, particularly the growth of the Hispanic population.
Population has fluctuated, with a general upward trend from 628 in 2010 to 958 in 2022, despite some year-to-year variations. The population growth, combined with the increasing diversity and decreasing median income, may suggest an influx of working-class families, potentially attracted by more affordable housing options in the area.
The demographic shifts in Ridgeview Estates align with broader trends seen in many American suburbs, where previously homogeneous communities are experiencing increased racial and ethnic diversity. The growth of the Hispanic population reflects national trends of Hispanic population growth and dispersion beyond traditional gateway cities.
The economic downturn observed in Ridgeview Estates, especially the sharp decline in median income from 2019 to 2020, likely reflects the impact of the COVID-19 pandemic. This aligns with national trends where many communities experienced economic challenges during this period.
The combination of increasing diversity and declining median income in Ridgeview Estates may indicate a neighborhood in transition, potentially facing both opportunities and challenges as it adapts to changing demographics and economic conditions. This transition could lead to shifts in local businesses, community services, and cultural dynamics in the coming years.