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Demographic Shifts and Racial Composition in Southeast Colorado Springs
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Southeast Colorado Springs is classified as a Majority-Minority community with moderate diversity as of 2022. No single racial group constitutes a majority, with Hispanic residents forming 36% and White residents 38% of the population. The neighborhood's median income increased from $44,119 in 2013 to $49,370 in 2022. Southeast Colorado Springs has a diverse culinary scene reflecting its multicultural population.
Over the past decade, Southeast Colorado Springs has transitioned from a community with a White plurality to a Majority-Minority area. In 2013, White residents comprised 42% of the population and Hispanic residents 35%. By 2022, these figures shifted to 38% White and 36% Hispanic, with increases in Black, Asian, and multiracial populations. This evolution indicates a trend towards increased diversity and a more balanced racial composition.
The community has maintained its Majority-Minority status throughout the observed period, but internal dynamics have shifted. The gradual decrease in the White population percentage and increase in Hispanic and other minority groups suggest a Transitional Community status, moving towards Higher Diversity.
The median income in Southeast Colorado Springs has shown an upward trend, increasing from $44,119 in 2013 to $49,370 in 2022, representing an 11.9% growth over nine years. This economic improvement correlates with the increasing diversity of the neighborhood. The rise in median income suggests that the influx of diverse populations may have brought new economic opportunities and investments to the area.
The median income growth has not been consistent. There was a significant increase from 2020 to 2021 (from $49,656 to $52,497), followed by a decline in 2022. This fluctuation might be attributed to broader economic factors such as the COVID-19 pandemic and its aftermath.
The population has shown overall growth, increasing from 69,993 in 2013 to 70,910 in 2022, with some fluctuations. This modest population growth, combined with increasing diversity and rising incomes, suggests a neighborhood that is attracting new residents while retaining its existing community.
The demographic shifts observed in Southeast Colorado Springs align with broader national trends towards increasing diversity in urban areas. Many U.S. cities have experienced similar transitions to Majority-Minority status over the past decade, particularly in regions with growing Hispanic populations.
The economic growth in the neighborhood, while positive, appears to be below the national average. The U.S. median household income grew from $51,939 in 2013 to $70,784 in 2021, a 36.3% increase. Southeast Colorado Springs' more modest growth might indicate that while the area is improving economically, it may still face challenges in keeping pace with national economic trends.
The neighborhood's evolution towards greater diversity and gradual economic improvement reflects a pattern seen in many mid-sized American cities, where changing demographics often correlate with urban renewal and economic development efforts. The recent decrease in median income in 2022 suggests that the neighborhood may be more susceptible to economic fluctuations than more affluent areas, highlighting the ongoing need for targeted economic development initiatives to support this diverse and transitioning community.
