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Demographics
Population
Median Income
Racial Distributions
Monterrey Village HOA in San Antonio, Texas, currently exhibits a Majority-Minority demographic composition with a Hispanic plurality. As of 2022, the neighborhood has a population of 5,823 and a median income of $61,649. This area is notable for its significant military presence due to its proximity to Lackland Air Force Base, which likely influences its demographic makeup and economic characteristics.
Over the past decade, Monterrey Village HOA has undergone a significant transformation in its racial composition. In 2013, the neighborhood could be categorized as having a Hispanic Majority, with 52% of the population identifying as Hispanic. However, by 2022, the area had transitioned to a Majority-Minority status with increased diversity.
The Hispanic population decreased from 52% in 2013 to 41% in 2022, losing its majority status but maintaining a plurality. Concurrently, there was a notable increase in the Black population, rising from 14% in 2013 to 26% in 2022. The White population remained relatively stable, fluctuating between 28% and 45% over the decade.
This shift towards greater diversity can be classified as a Transitional Community, with the area moving from a Hispanic Majority to a more balanced Majority-Minority composition. The catalyst for this change may be linked to the expansion or changing demographics of nearby military installations, as well as broader demographic shifts in the San Antonio area.
The median income in Monterrey Village HOA has fluctuated over the past decade, showing a general downward trend. In 2013, the median income was $80,748, but by 2022 it had decreased to $61,649. This 23.7% decline in median income coincides with the shift towards greater racial diversity in the neighborhood.
The population grew significantly from 4,244 in 2013 to 5,823 in 2022, a 37.2% increase. This population growth, coupled with declining median income, suggests an influx of lower-income residents, possibly related to the changing demographics and potentially linked to affordable housing options near the military base.
The demographic changes in Monterrey Village HOA reflect broader trends seen in many urban areas across the United States, where increasing diversity and shifts in racial composition are common. However, the specific pattern of Hispanic population decline and Black population increase is somewhat unique and may be more closely tied to local factors such as military base demographics or regional migration patterns.
The declining median income trend in Monterrey Village HOA contrasts with the overall trend in San Antonio, which has seen a general increase in median household income over the same period. This discrepancy suggests that local factors, possibly related to the neighborhood's proximity to the military base and its changing demographic composition, are playing a significant role in shaping its economic trajectory.
Monterrey Village HOA has evolved from a Hispanic Majority community to a more diverse Majority-Minority area over the past decade. This transition has been accompanied by population growth and declining median income, potentially reflecting changes in the local job market, housing affordability, and the influence of nearby military installations. These shifts present both challenges and opportunities for community development and social cohesion in the years to come.