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Demographics
Population
Median Income
Racial Distributions
Shelard Park, a neighborhood in St. Louis Park, Minnesota, has experienced a demographic transition from 2013 to 2022. The neighborhood's population was 3,983 in 2022, with a median income of $90,802. Shelard Park combines residential and commercial areas, including office parks and retail centers.
From 2013 to 2022, Shelard Park's racial composition changed significantly. In 2013, the neighborhood had low diversity, with the white population at 87%. By 2022, while still maintaining a white majority, the community shifted towards moderate diversity. The white population decreased to 79%, the Asian population increased from 5% to 10%, the Black population grew from 0% to 7%, and the Hispanic population increased slightly from 1% to 2%.
The demographic changes in Shelard Park occurred alongside income fluctuations. The median income rose from $85,147 in 2013 to $93,122 in 2021, before decreasing to $90,802 in 2022. This overall increase in median income coincides with growing diversity, suggesting the neighborhood may be attracting more affluent minorities. The population remained relatively stable, decreasing slightly from 4,071 in 2013 to 3,983 in 2022.
The trends observed in Shelard Park align with broader patterns seen in many suburban areas across the United States. These include increasing diversity in traditionally white-majority suburbs, particularly with growth in Asian and Black populations, maintenance of relatively high median incomes despite demographic changes, and the gradual nature of these changes typical of established suburban neighborhoods.
These shifts in Shelard Park reflect larger demographic trends in American suburbs, where increasing diversity is reshaping communities while often maintaining or increasing economic prosperity. The neighborhood's evolution suggests a future trajectory towards greater diversity, potentially moving towards high diversity status in the coming years if current trends continue.