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Demographics
Population
Median Income
Racial Distributions
Horseshoe Park, a neighborhood in Aurora, Colorado, has undergone significant demographic changes from 2013 to 2022. The area transitioned from a predominantly White community to a Majority-Minority neighborhood with a Hispanic plurality. As of 2022, the population stands at 6,517 with a median income of $64,510.
In 2013, Horseshoe Park had Moderate Diversity, with White residents comprising 48% of the population, followed by Hispanic (30%) and Black (15%) populations. By 2022, the neighborhood evolved into a Majority-Minority community with Hispanic residents forming a plurality at 45%, while the White population decreased to 33%. This shift categorizes Horseshoe Park as a Transitional Community.
The Black population remained relatively stable over the decade, fluctuating between 8% and 18%. The Asian population experienced volatility, peaking at 10% in 2017 before declining to 2% by 2022. The proportion of residents identifying as two or more races doubled from 2% to 4% during this period.
Economic trends in Horseshoe Park show a notable increase in median income, rising from $57,122 in 2013 to $64,510 in 2022, representing a 13% growth. The neighborhood experienced a significant income spike in 2021, reaching $82,434, before decreasing in 2022. The population of Horseshoe Park initially decreased from 2013 to 2016 but has been steadily increasing since then.
The demographic changes in Horseshoe Park align with broader trends observed in many urban and suburban areas across the United States. The growth of the Hispanic population and the transition to a Majority-Minority community reflect national demographic shifts, particularly in Western states like Colorado. The economic trajectory of Horseshoe Park, with its overall upward trend in median income, is generally positive. However, the 2022 median income of $64,510 is slightly below the national median household income.
The transition from a predominantly White community to a Majority-Minority one with a Hispanic plurality is more pronounced in Horseshoe Park than national averages. This rapid increase in diversity over a relatively short period could present both opportunities and challenges for community cohesion and local governance. In conclusion, Horseshoe Park has undergone a significant demographic and economic transformation over the past decade, positioning it as a dynamic and evolving neighborhood within Aurora, Colorado.