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Demographics
Population
Median Income
Racial Distributions
Reynolds Corners, a neighborhood in Toledo, Ohio, exhibits characteristics of a White Majority community with moderate diversity. As of 2022, the white population comprises 59% of the neighborhood, while other racial groups, particularly Black (29%) and Hispanic (5%) residents, contribute to its diverse makeup. The median income of $51,131 in 2022 suggests a middle-class suburban area. Reynolds Corners is known for its mix of residential and commercial areas, including the Reynolds Corners Shopping Center, which serves as a local hub for retail and community activities.
Over the past decade, Reynolds Corners has undergone a gradual transition from a community with Low Diversity to one approaching Moderate Diversity. In 2013, the neighborhood was firmly in the White Majority category with 60% white residents. By 2022, this percentage had decreased to 59%, just barely maintaining its White Majority status. The most significant change has been the increase in the Black population, rising from 27% in 2013 to 29% in 2022, and the Hispanic population, which grew from 3% to 5% during the same period. This shift suggests a trend towards increasing diversity, potentially categorizing Reynolds Corners as a Transitional Community. The growth in the Asian population (from 2% to 3%) and those identifying as two or more races (from 2% to 4%) further supports this categorization.
The demographic shifts in Reynolds Corners have been accompanied by fluctuations in median income. From 2013 to 2022, the median income increased from $45,501 to $51,131, representing a 12.4% growth. This growth was not linear. The neighborhood experienced peak median income in 2021 at $54,475, followed by a slight decline in 2022. The overall increase in median income coincides with the increasing diversity of the neighborhood, suggesting that the influx of diverse populations may have contributed to economic growth. This trend could indicate that Reynolds Corners is attracting a mix of middle-class families from various racial backgrounds.
The demographic shifts observed in Reynolds Corners align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have been experiencing similar transitions from predominantly white communities to more diverse neighborhoods over the past two decades.
The economic trajectory of Reynolds Corners, with its overall increase in median income despite some recent fluctuations, reflects a pattern seen in many evolving suburban communities. As these areas become more diverse, they often attract a mix of established residents and newcomers seeking affordable housing and good schools, which can contribute to economic stability and growth. The recent dip in median income from 2021 to 2022 could be indicative of broader economic challenges faced by many communities in the wake of the COVID-19 pandemic and subsequent economic uncertainties.
Reynolds Corners exemplifies a suburban neighborhood in transition, moving towards greater diversity while maintaining relative economic stability. This evolution presents both opportunities and challenges for community cohesion and development in the coming years.