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Demographics
Population
Median Income
Racial Distributions
Cedar Ridge Park in Tulsa, Oklahoma, is classified as a "White Majority" neighborhood with a median income of $79,225 as of 2022. The community is showing indications of transitioning into a "Transitional Community" with increasing diversity. This affluent suburban area is characterized by well-maintained parks and proximity to quality schools, attracting families and professionals.
Cedar Ridge Park has experienced a significant change in its racial composition over the past decade. In 2013, the neighborhood had "Low Diversity" with a white population of 71%. By 2022, the white population decreased to 58%, while maintaining a "White Majority" status, indicating a shift towards "Moderate Diversity". The Asian population increased from 4% in 2013 to 13% in 2022, the Black population grew from 8% to 11%, and the Hispanic population slightly increased from 8% to 9%. These trends suggest a potential move towards "Majority-Minority" status in the future if current trends persist.
The demographic shifts in Cedar Ridge Park have occurred alongside economic changes. The median income increased from $63,539 in 2013 to $79,225 in 2022, representing a 24.7% growth. The population grew modestly from 2,039 in 2013 to 2,130 in 2022, a 4.5% increase. The rising median income suggests the neighborhood is attracting more affluent residents, possibly correlated with the increasing diversity. This may indicate that new residents are highly skilled professionals from diverse backgrounds, contributing to both economic growth and increased diversity.
The trends observed in Cedar Ridge Park align with broader national patterns of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar demographic shifts over the past decade, with growing Asian and Hispanic populations. The economic growth in Cedar Ridge Park also reflects a national trend of rising incomes in desirable suburban locations.
The rate of diversification in Cedar Ridge Park appears to be more rapid than the national average for similar suburban communities. This could be attributed to Tulsa's growing reputation as an emerging tech hub and its efforts to attract a diverse, skilled workforce.
Cedar Ridge Park is undergoing a significant demographic transformation while maintaining its economic prosperity. This transition from a predominantly white, affluent suburb to a more diverse yet still economically thriving community reflects broader national trends but is occurring at an accelerated pace. As the neighborhood continues to evolve, it may face opportunities and challenges in maintaining community cohesion and adapting to the changing needs of its increasingly diverse population.