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Demographics
Population
Median Income
Racial Distributions
The Flatiron District in Oklahoma City exhibits a demographic composition characterized by moderate diversity as of 2022. The population consists of a White plurality (43%) and a significant Black representation (31%). This urban neighborhood has undergone demographic changes over the past decade. The area is known for its combination of historic architecture and modern amenities, attracting young professionals and diverse populations seeking an urban lifestyle.
The Flatiron District has experienced a transformation in its racial composition from 2013 to 2022. In 2013, the neighborhood had a racial majority, with a predominantly Black population (71%). By 2022, it transitioned to a moderate diversity classification, with no single racial group holding a majority. The changes include a decrease in the Black population share from 71% to 31%, an increase in the White population share from 17% to 43%, and growth in Asian and Hispanic populations to 9% and 11% respectively. These shifts suggest a transitional community status with increasing diversity over time.
The demographic changes correlate with significant increases in median income. The median income rose from $18,189 in 2013 to $41,951 in 2022, representing a 131% increase. A notable increase occurred between 2017 and 2018, with median income rising from $35,219 to $54,252. The population increased overall from 327 in 2013 to 520 in 2022. These economic trends indicate that as the neighborhood diversified, it also experienced gentrification, attracting higher-income residents.
The demographic and economic shifts in the Flatiron District are similar to trends observed in many urban centers across the United States. The increase in diversity and median income aligns with patterns of urban renewal and gentrification seen in other cities. However, the extent of racial demographic change, particularly the significant decrease in the Black population percentage, is more pronounced than typical national averages.
The rapid income growth exceeds national trends, suggesting localized factors such as targeted urban development initiatives or the influx of high-paying jobs in the area. The population growth indicates the neighborhood's increasing attractiveness, possibly due to improved amenities and economic opportunities.
These changes have implications for the local community, including potential displacement of long-term residents, changes in local businesses to cater to new demographics, and shifts in community dynamics and cultural character. The challenge for local policymakers and community leaders is to manage this transition in a way that preserves the neighborhood's diversity and cultural heritage while fostering economic growth and development.