Fritz Terrace, a neighborhood in Bloomington, Indiana, is characterized as a Low Diversity area with a White Majority. As of 2022, the neighborhood has a population of 419 and a median income of $67,114. Fritz Terrace is located near Indiana University, which may influence its demographic composition and economic trends.

Over the past decade, Fritz Terrace has maintained its status as a Low Diversity, White Majority neighborhood. The white population constituted 90% of the total in 2013 and has remained relatively stable, reaching 93% in 2022. Minor shifts have occurred in other demographic groups. The Hispanic population increased from 1% in 2015 to 10% in 2018-2019, before decreasing to 3% by 2022. Asian and Black populations have maintained a small but consistent presence, typically ranging from 0-3% each over the years. The category of Two or More Races saw a slight increase from 0% in 2013 to 4% in 2017-2019, before declining to 1% in 2022.

The median income in Fritz Terrace has shown notable fluctuations over the years. From 2013-2015, it remained relatively stable around $62,000-$64,000. In 2016-2017, there was a significant drop to $53,058 in 2016, followed by a slight recovery to $58,454 in 2017. Another decline occurred in 2018-2019, reaching $55,097 in 2019. From 2020-2022, there was a sharp increase to $73,365 in 2021, settling at $67,114 in 2022. These income fluctuations do not appear to correlate strongly with the minor demographic shifts observed. However, the recent income increase coincides with a slight decrease in diversity, as the white population percentage increased from 87% in 2020 to 93% in 2022.