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Demographics
Population
Median Income
Racial Distributions
Far West, a neighborhood in Eugene, Oregon, exhibits a White Majority community with moderate diversity. As of 2022, the population is 4,587 with a median income of $33,803. The neighborhood's proximity to the University of Oregon likely influences its demographic composition and economic characteristics.
Far West has undergone a transition in its racial composition over the past decade. In 2013, the neighborhood was categorized as Low Diversity, with the white population comprising 76% of residents. By 2022, while maintaining a White Majority status (72% white), the community has shifted towards Moderate Diversity. The Hispanic population increased from 6% in 2013 to 15% in 2022, and the percentage of residents identifying as two or more races more than doubled from 5% to 12%. These trends indicate Far West is becoming a Transitional Community, moving towards greater diversity.
The demographic shifts in Far West have occurred alongside fluctuations in median income. From 2013 to 2022, the median income decreased from $38,108 to $33,803, a decline of about 11%. This economic downturn coincides with the increasing diversity of the neighborhood. The population of Far West has grown from 3,874 in 2013 to 4,587 in 2022, an increase of about 18%. This population growth, combined with the diversification of the community, suggests Far West is attracting new residents from various backgrounds.
The trends observed in Far West align with broader national patterns of increasing diversity in urban areas, particularly those near universities. The growth in the Hispanic population and multiracial residents is consistent with national demographic shifts. However, the decrease in median income contrasts with national trends of slight income growth over the same period, which may indicate local economic challenges or a changing composition of the workforce.
The transition from Low Diversity to Moderate Diversity, while maintaining a White Majority, reflects a gradual but significant change in the neighborhood's character. This shift could be attributed to factors such as changing university demographics, evolving local job markets, or broader migration patterns in the Pacific Northwest.
Far West exemplifies a neighborhood in transition, balancing its historical demographic makeup with emerging diversity. The economic challenges evident in the declining median income suggest that this transition may be accompanied by socio-economic pressures. As Far West continues to evolve, monitoring these trends will be crucial for understanding the neighborhood's future trajectory and addressing the needs of its changing population.