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Demographics
Population
Median Income
Racial Distributions
McKinley & Railroad Parks, a neighborhood in St. Cloud, Minnesota, exhibits a White Majority community with increasing diversity. As of 2022, the area has a population of 6,492 and a median income of $80,815. The neighborhood has historical significance, with the McKinley School, built in 1902, serving as a landmark.
Over the past decade, McKinley & Railroad Parks has transitioned from a Low Diversity community to one approaching Moderate Diversity. In 2013, the white population comprised 89% of residents, decreasing to 78% by 2022. The Black population increased from 2% in 2013 to 12% in 2022, indicating a shift towards a Transitional Community. Hispanic and multiracial populations have also shown growth, contributing to the area's increasing diversity.
The demographic shifts have occurred alongside fluctuations in median income. From 2013 to 2022, the median income increased from $74,465 to $80,815, representing an 8.5% growth. The neighborhood experienced a dip in median income between 2016 and 2019, reaching a low of $63,283 in 2018, before rebounding in recent years.
Periods of increased diversity correlate with both economic challenges and subsequent growth. The initial increase in diversity from 2016 to 2019 coincided with a decrease in median income. However, as diversity continued to increase from 2020 to 2022, the area saw a significant rebound in median income.
The demographic changes in McKinley & Railroad Parks reflect broader national trends of increasing diversity in suburban and urban areas. The neighborhood's rapid increase in Black population outpaces national averages. This could indicate that St. Cloud is becoming a regional hub for African American families seeking opportunities in smaller cities.
The economic resilience of the neighborhood, particularly the strong rebound in median income since 2020, is noteworthy when compared to national trends. While many areas struggled economically during the COVID-19 pandemic, McKinley & Railroad Parks saw significant income growth.
McKinley & Railroad Parks is undergoing a transformation from a predominantly white, low-diversity area to a more diverse, economically dynamic neighborhood. This transition presents opportunities for cultural enrichment and economic growth. The community's ability to maintain and increase median income levels while becoming more diverse speaks to its adaptability and potential for sustainable, inclusive development.