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Demographic Transformation of South Towne Square: A Shift from Low to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
South Towne Square in Tulsa, Oklahoma, is categorized as a "High Diversity" neighborhood based on its 2022 racial composition. No single racial group comprises more than 40% of the population. The neighborhood's population increased from 580 in 2019 to 1,719 in 2022. The median income in South Towne Square was $96,425 in 2022, higher than the national median.
Over the past decade, South Towne Square has undergone a transformation in its racial composition. In 2013, the neighborhood was categorized as "Low Diversity," with a "White Majority" (78% white). By 2022, it had evolved into a "High Diversity" area with no racial majority. The white population decreased from 73% in 2019 to 51% in 2022, while other racial groups increased.
The transition appears to have accelerated around 2020, coinciding with a substantial population increase. The shift from "Low Diversity" to "High Diversity" was likely triggered by rapid urban development. The increase in Asian, Black, and multiracial populations suggests that South Towne Square became a desirable location for various ethnic groups.
The demographic shifts in South Towne Square correlate with economic changes. The median income increased from $80,646 in 2019 to $125,303 in 2020, coinciding with the significant population growth and diversification. This suggests an influx of affluent residents from various racial backgrounds. The median income adjusted to $96,425 by 2022, while still remaining above the 2019 levels.
The population growth from 580 in 2019 to 1,719 in 2022 represents a 196% increase. This rapid growth likely brought new businesses, services, and infrastructure to the area, enhancing its appeal to a diverse population.
The transformation of South Towne Square reflects broader national trends of increasing diversity in suburban and urban neighborhoods. The speed and extent of this change are notable. The economic trajectory of South Towne Square, with its significant income growth, contrasts with national trends of slower wage growth.
South Towne Square's evolution from a "Low Diversity" to a "High Diversity" neighborhood, coupled with substantial population and income growth, represents a microcosm of rapid urban transformation. This change likely brought both opportunities and challenges, potentially reshaping local businesses, schools, and community dynamics to cater to a more diverse and affluent population.
