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Demographics
Population
Median Income
Racial Distributions
The Stockyards neighborhood in Cleveland, Ohio, exhibits a demographic profile characterized as a "Transitional Community" with "Moderate Diversity." As of 2022, the neighborhood's population stands at 8,591 with a median income of $32,687. The area's historical significance as a former center of Cleveland's meatpacking industry has influenced its development and community character.
Over the past decade, the Stockyards neighborhood has experienced significant demographic changes. In 2013, the area had a White Majority (54%). By 2022, no single racial group constituted a majority, with whites representing 43% of the population. The Hispanic population has shown consistent growth, increasing from 24% in 2013 to 31% in 2022, indicating a trend towards a potential Hispanic Plurality. The Black population has remained relatively stable, fluctuating between 11% and 17% over the decade. The percentage of individuals identifying as two or more races has increased from 1% in 2013 to 7% in 2022, contributing to the neighborhood's increasing diversity.
These shifts collectively indicate a transition from a predominantly White community to one of Moderate Diversity, with a trend towards potentially becoming a Majority-Minority area in the near future. The economic landscape of Stockyards has shown notable changes correlating with its demographic shifts. The median income has risen from $24,381 in 2013 to $32,687 in 2022, representing a 34% increase over the decade. Despite the overall upward trend, there were periods of decline, particularly in 2020. The population has remained relatively stable, with slight fluctuations, ending at 8,591 in 2022 compared to 8,618 in 2013.
The increasing diversity appears to correlate with a general improvement in economic conditions, as evidenced by the rising median income. This suggests that the influx of diverse populations may be contributing to economic vitality in the neighborhood.
The demographic shifts observed in Stockyards align with broader national trends of increasing diversity in urban areas. Many cities across the United States have experienced similar transitions from predominantly white populations to more diverse communities, particularly with growing Hispanic populations. The economic improvements in Stockyards, while positive, still place the neighborhood below the national median household income ($70,784 in 2021). This suggests that while progress has been made, there is still room for economic growth and development in the area.
The stability in population numbers, despite demographic shifts, indicates that the neighborhood is maintaining its appeal to residents, potentially due to its historical significance and ongoing community development efforts. The Stockyards neighborhood exemplifies a community in transition, moving towards greater diversity and experiencing moderate economic growth. These changes present both opportunities and challenges for community leaders and policymakers in fostering inclusive growth and maintaining neighborhood cohesion amidst demographic evolution.