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Demographics
Population
Median Income
Racial Distributions
Central Park in Tulsa, Oklahoma, exhibits a demographic profile categorized as "Moderate Diversity" with a "White Majority" as of 2022. The neighborhood has a population of 655 and a median income of $17,237, which is below the national average. Central Park is an older neighborhood in Tulsa with diverse architectural styles reflecting its historical development.
Over the past decade, Central Park has undergone shifts in its racial composition. In 2013, the neighborhood had a "White Majority" with 67% of the population identifying as white. This classification continued through 2020, albeit with a gradual decline in the white population percentage. From 2021 to 2022, there has been a transition towards "Moderate Diversity." The white population constitutes 60% in 2022, while the Black and Hispanic populations each represent 16% of the community.
The Hispanic population has shown consistent growth, increasing from 11% in 2013 to 24% in 2021, before decreasing to 16% in 2022. This trend suggests that Central Park may be transitioning towards becoming a "Transitional Community," particularly if the Hispanic population continues to grow.
The demographic shifts in Central Park correlate with economic changes. The median income has decreased from $22,645 in 2013 to $17,237 in 2022, a decline of 24%. This economic downturn coincides with the neighborhood's transition towards greater diversity. The population has also decreased from 950 in 2013 to 655 in 2022, a reduction of 31%. This population decline, coupled with the income decrease, suggests economic challenges influencing the neighborhood's demographic makeup.
The increase in diversity, particularly the growth of the Hispanic population, may be partly attributed to this economic shift. Lower housing costs resulting from economic pressures could be attracting more diverse, potentially lower-income residents to the area.
The trends observed in Central Park align with broader national patterns of increasing diversity in urban neighborhoods. However, the significant decrease in both population and median income is somewhat unusual and may be specific to this area of Tulsa. The economic challenges faced by Central Park, as evidenced by the declining median income, mirror struggles seen in many post-industrial American cities. However, the concurrent increase in diversity suggests that the neighborhood may be in a state of transition.
Central Park in Tulsa is undergoing a significant demographic and economic transition. While facing economic challenges, it is evolving into a more diverse community. This shift presents both challenges and opportunities for community development and could shape the neighborhood's character and economic prospects in the coming years.