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Demographics
Population
Median Income
Racial Distributions
Hickory Ridge-South Riverdale in Memphis, Tennessee, is a neighborhood characterized by a predominantly Black population and low diversity. As of 2022, the neighborhood has 73,707 residents and a median income of $49,354. The area has maintained a consistent demographic composition over the past decade, with a strong Black majority despite minor changes in other racial groups.
From 2013 to 2022, Hickory Ridge-South Riverdale remained in the "Black Majority" category, with the Black population consistently comprising over 75% of the total. This classifies the neighborhood as having "Low Diversity" throughout the period. The Black population percentage increased from 79% in 2013 to 84% in 2022. The White population decreased from 9% to 5% over the same period. The Hispanic population showed a small increase from 9% to 10%.
The median income in the neighborhood has shown an overall upward trend, rising from $45,164 in 2013 to $49,354 in 2022, an increase of about 9.3%. This growth has not been linear. There was a decrease in median income between 2013 and 2015, dropping to $43,926. A significant increase occurred from 2020 to 2021, with income rising from $47,834 to $51,396. 2022 saw a slight decrease to $49,354.
Population trends show a slight overall decrease from 75,648 in 2013 to 73,707 in 2022, with fluctuations in between. The peak population was observed in 2017 at 76,554, followed by a gradual decline.
The persistent Black majority in Hickory Ridge-South Riverdale is notable in the context of urban areas experiencing demographic shifts. The neighborhood's stability in racial composition contrasts with trends in some other major cities where historically Black neighborhoods have seen significant changes due to gentrification or urban redevelopment.
The modest income growth over the decade may not have kept pace with national averages, potentially indicating ongoing economic challenges in the area. The recent income fluctuations, particularly the sharp rise in 2021 followed by a decrease in 2022, might reflect the broader economic impacts of the COVID-19 pandemic and subsequent recovery efforts.
Hickory Ridge-South Riverdale presents a case of demographic stability with subtle economic improvements. Its consistent Black majority status and gradual income growth suggest a community that has maintained its core identity while experiencing modest economic progress. The challenges ahead may involve balancing this stability with opportunities for further economic development and potentially increasing diversity without displacing long-term residents.