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Demographics
Population
Median Income
Racial Distributions
The DeVeaux neighborhood in Toledo, Ohio, demonstrates a demographic transition from a predominantly White population to increasing diversity. In 2022, the White population constituted 66% of the total, down from 78% in 2013. The neighborhood's diversity has increased over the past decade, with notable growth in Black, Hispanic, and multiracial populations. Economically, DeVeaux has experienced fluctuations in median income, with the most recent data indicating a median income of $53,227 in 2022.
The demographic shifts in DeVeaux reflect a transition from Low Diversity to Moderate Diversity. The White population decreased from 78% in 2013 to 66% in 2022. Concurrently, other racial groups increased their representation. The Black population grew from 11% to 16%, the Hispanic population from 4% to 8%, and the Two or More Races category from 1% to 9% between 2013 and 2022. These changes suggest DeVeaux is becoming a Transitional Community, moving towards greater diversity.
Economic trends in DeVeaux show variability over the past decade. The median income started at $51,903 in 2013, peaked at $63,409 in 2021, and then declined to $53,227 in 2022. Periods of increasing diversity generally correlated with increases in median income, suggesting potential economic benefits from demographic changes. However, the recent decline in median income coinciding with continued diversity growth indicates a complex relationship between demographic shifts and economic outcomes.
The demographic changes observed in DeVeaux align with broader national trends of increasing diversity in urban areas. Many U.S. cities have experienced similar transitions from predominantly white populations to more diverse compositions over the past decade. The economic fluctuations in DeVeaux may reflect broader economic challenges faced by mid-sized cities in the Midwest.
The growth in Hispanic and multiracial populations in DeVeaux mirrors national demographic trends. The U.S. Census Bureau has reported significant increases in these populations across the country, with the multiracial population being one of the fastest-growing segments.
DeVeaux is undergoing a demographic transformation that reflects broader national trends towards increased diversity. This shift has been accompanied by some economic growth, but recent declines in median income suggest that the neighborhood may be experiencing challenges as it adapts to its changing composition. The coming years will be crucial in determining whether DeVeaux can leverage its increasing diversity to drive sustainable economic growth and community development.