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Demographic Shifts in Holly Orchard: A Study of Racial Composition Changes from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Holly Orchard, a neighborhood in Lake Oswego, Oregon, exhibits a unique demographic landscape as of 2022. It is categorized as a Transitional Community with Moderate Diversity, demonstrating significant shifts in its racial composition over the past decade. The neighborhood is situated near Lake Oswego, a factor contributing to its desirability and high property values.
Holly Orchard has undergone a notable transformation in its racial demographics over the past decade. In 2013, the neighborhood was classified as having Low Diversity, with a White Majority (84% of the population). By 2022, the community had transitioned to a state of Moderate Diversity. The most significant changes occurred in the Asian and Hispanic populations, as well as those identifying as two or more races. The Asian population increased from 7% in 2013 to 17% in 2022, while the Hispanic population rose from 5% to 8%. The percentage of residents identifying as two or more races increased from 0% to 12% in the same period.
This shift has resulted in a decrease in the White population from 84% in 2013 to 62% in 2022, moving the neighborhood away from its previous Low Diversity status. While still the largest group, the White population no longer constitutes a Racial Majority as defined in the study's terms.
The demographic shifts in Holly Orchard have coincided with significant economic changes. The median income has increased from $78,917 in 2013 to $99,980 in 2022, representing a 26.7% increase over nine years. This growth in median income suggests that the neighborhood has become increasingly affluent. The population has remained relatively stable over this period, fluctuating between 800 and 1,000 residents.
The trends observed in Holly Orchard align with broader national patterns of increasing diversity in suburban areas, particularly those with high median incomes. The growth in the Asian population reflects a national trend of Asian Americans moving to affluent suburbs. The significant increase in residents identifying as two or more races is particularly noteworthy and outpaces national trends. This could indicate that Holly Orchard is at the forefront of a demographic shift towards multiracial identities.
The economic growth in Holly Orchard appears to outpace national averages. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Holly Orchard's 26.7% increase suggests that it has become an increasingly desirable neighborhood within the broader Lake Oswego area.
Holly Orchard exemplifies a Transitional Community, evolving from a predominantly White, low-diversity area to one of Moderate Diversity with a strong economic foundation. This transformation reflects broader national trends towards increased suburban diversity and economic stratification.
