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Demographics
Population
Median Income
Racial Distributions
Georgian Acres, a neighborhood in Austin, Texas, exhibits characteristics of a Majority-Minority community with a Hispanic Majority. As of 2022, the Hispanic population comprises 52% of the neighborhood, while the median income is $44,934. This area has undergone demographic shifts over the past decade, transitioning from a community with low diversity to one with moderate diversity. Georgian Acres is known for its mix of residential and commercial areas, with a focus on local businesses and community development initiatives.
In 2013, Georgian Acres had Low Diversity, with a Hispanic Majority of 73%. By 2022, the neighborhood transitioned towards Moderate Diversity. The Hispanic Majority decreased to 52%, just above the majority threshold. This shift indicates a Transitional Community, with increasing representation from other racial groups.
The White population has remained relatively stable, fluctuating between 14-19% over the decade. The Black population increased from 8% in 2013 to 17% in 2022. The Asian population grew from 3% to 8% in the same period. These changes suggest a trend towards greater diversity, potentially driven by factors such as gentrification, changing housing policies, or shifts in employment opportunities in the broader Austin area.
The demographic shifts in Georgian Acres correlate with changes in median income. In 2013, the median income was $23,969, which increased to $44,934 by 2022. This increase in income levels coincides with the diversification of the neighborhood's racial composition.
The population has remained relatively stable over this period, fluctuating between 8,700 and 9,800 residents. This suggests that the neighborhood is experiencing in-situ changes rather than large-scale population displacement. The rising income levels and increasing diversity may indicate a process of neighborhood upgrading, potentially attracting higher-income residents from various racial backgrounds.
The demographic changes in Georgian Acres reflect trends seen in many urban areas across the United States, particularly in rapidly growing cities like Austin. The increasing diversity and rising income levels are consistent with patterns of urban revitalization and demographic shifts seen in many inner-ring suburbs and urban neighborhoods.
The persistence of a Hispanic majority, albeit a declining one, sets Georgian Acres apart from some other gentrifying neighborhoods that have seen more dramatic shifts in racial composition. This suggests that while change is occurring, there's still a strong Hispanic presence maintaining the neighborhood's cultural character.
The economic growth in Georgian Acres outpaces national trends, with median income nearly doubling over a decade compared to more modest national income growth rates. This rapid economic change, coupled with demographic shifts, indicates that Georgian Acres is undergoing a significant transformation that may present both opportunities and challenges for its residents.
Georgian Acres exemplifies a Transitional Community, moving from Low Diversity to Moderate Diversity while maintaining its Majority-Minority status. The correlation between increasing diversity and rising incomes suggests a complex interplay of demographic and economic factors that are reshaping the neighborhood's character and opportunities.