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Demographics
Population
Median Income
Racial Distributions
Oak Road Estates in Bartlett, Tennessee, currently exhibits a White Majority demographic composition with a median household income of $96,857 as of 2022. This neighborhood has undergone demographic changes over the past decade, transitioning from a community with low diversity to one with increasing racial diversity. Oak Road Estates is known for its well-maintained properties and tree-lined streets.
In 2013, Oak Road Estates had Low Diversity, with the white population comprising 67% of residents. By 2022, while still maintaining a White Majority at 56%, the community has shifted closer to a Moderate Diversity classification. The Black population increased from 27% in 2013 to 42% in 2022, indicating a Transitional Community trend. The Hispanic and Asian populations have remained relatively small but stable, showing slight increases over the years.
The increasing racial diversity in Oak Road Estates has coincided with some fluctuations in median household income. The neighborhood experienced peak median incomes between 2014 and 2016, reaching over $108,000. There was a slight downward trend in median income, stabilizing around $97,000 in recent years. Despite this minor decrease, Oak Road Estates remains an affluent area, with median incomes well above the national average.
Population growth has been steady over the decade, increasing from 1,842 in 2013 to 2,279 in 2022, which could be attributed to the area's attractiveness to a broader range of residents.
The demographic shifts observed in Oak Road Estates align with broader trends seen in many suburban areas across the United States. Many formerly homogeneous suburbs have experienced increasing diversity over the past decades, particularly with growth in Black and Hispanic populations.
Oak Road Estates stands out for maintaining a high median income level despite these demographic changes. This contrasts with some national trends where increasing diversity in suburbs has sometimes been associated with more significant income changes or neighborhood transitions.
The stability of high incomes in Oak Road Estates during this demographic shift could indicate successful economic integration. It suggests that the neighborhood has managed to attract diverse, high-earning residents, possibly due to factors such as good schools, desirable housing stock, or proximity to employment centers in the greater Memphis area.
Oak Road Estates represents a Transitional Community that has evolved from Low Diversity to approaching Moderate Diversity while maintaining its status as an affluent neighborhood. This combination of increasing racial diversity and sustained high incomes makes it a case study in suburban demographic and economic dynamics.