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Demographics
Population
Median Income
Racial Distributions
Walnut Valley, a neighborhood in Little Rock, Arkansas, currently exhibits characteristics of a Moderate Diversity community with a White Plurality. As of 2022, the white population stands at 49%, while the Black population comprises 38%. The neighborhood has experienced demographic shifts over the past decade, moving from a White Majority to its current more diverse composition. Economically, Walnut Valley has seen fluctuations in median income, with the most recent figure at $49,039 in 2022. Walnut Valley is known for its mix of residential areas and commercial spaces.
At the beginning of the available data in 2013, Walnut Valley was categorized as a White Majority community, with 52% of the population identifying as white. Over the years, this majority status has gradually eroded. By 2022, the white population decreased to 49%, shifting the neighborhood into a White Plurality category. The Black population has remained relatively stable, fluctuating between 31% and 38% over the decade.
The Hispanic population has shown consistent growth from 5% in 2013 to 7% in 2022, indicating a trend towards increasing diversity. The Asian population has remained relatively stable at around 3-4% throughout the period. These changes suggest a gradual transition towards a more diverse community composition, potentially influenced by factors such as changing housing patterns, economic opportunities, or broader demographic trends in the Little Rock area.
The median income in Walnut Valley has shown some volatility over the years. Starting from $48,221 in 2013, it reached a peak of $53,824 in 2021 before declining to $49,039 in 2022. This recent decline coincides with the shift from a White Majority to a White Plurality, suggesting a potential correlation between demographic changes and economic conditions.
The population of Walnut Valley has fluctuated over the decade, with a low of 7,631 in 2020 and rebounding to 8,382 in 2022. This population recovery coincides with the increased diversity, potentially indicating that the neighborhood is becoming more attractive to a wider range of residents.
The demographic shifts observed in Walnut Valley align with broader national trends towards increasing diversity in urban and suburban areas. Many U.S. cities have seen a decline in white majority neighborhoods as minority populations grow and disperse from traditional urban centers.
The economic fluctuations in Walnut Valley, particularly the recent decline in median income, may reflect broader economic challenges faced by many American communities in the wake of the COVID-19 pandemic and subsequent economic disruptions.
Walnut Valley's evolution from a White Majority to a Moderate Diversity community with a White Plurality reflects broader national demographic trends. The neighborhood's economic fluctuations and population changes suggest a dynamic community adapting to changing societal and economic conditions. As Walnut Valley continues to diversify, it may face both challenges and opportunities in maintaining community cohesion and economic stability.