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Demographic Transition in Hyland Park: Analysis of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Hyland Park, a neighborhood in Fayetteville, Arkansas, is classified as a "Low Diversity" community with a white majority. As of 2022, the white population comprises 74% of the neighborhood, with a Hispanic presence of 16%. The area has experienced population growth from 1,040 residents in 2010 to 1,474 in 2022. The median income in Hyland Park was $86,774 in 2022. The neighborhood's proximity to the University of Arkansas likely influences its demographic and economic characteristics.
Over the past decade, Hyland Park has transitioned from an area of extremely low diversity to one showing signs of increasing diversity, while remaining predominantly white. In 2013, the neighborhood was categorized as "Low Diversity" with an 88% white population. This classification persisted through most of the decade, with the white population consistently above 90% until 2019.
From 2020 onward, there has been a shift towards greater diversity. The Hispanic population increased from 2% in 2019 to 20% in 2020, stabilizing at 16% in 2021 and 2022. The Asian population has grown from 1% in 2020 to 7% in 2022. These trends suggest that Hyland Park may be transitioning towards a "Moderate Diversity" classification.
The neighborhood's economic profile has fluctuated over the years but generally maintains a high median income level. From 2013 to 2017, the median income was consistently above $100,000, peaking at $113,551 in 2014. There was a decrease in 2018 and 2019, with the median income dropping to $73,029 in 2019. It has since increased, reaching $98,810 in 2021 before settling at $86,774 in 2022.
The period of increased diversity from 2020 onwards coincides with a recovery in median income levels. This suggests that the influx of Hispanic and Asian residents may be associated with economic opportunities or changes in the local job market.
The demographic shifts observed in Hyland Park align with broader national trends of increasing diversity, particularly in suburban and university-adjacent areas. The growth in Hispanic and Asian populations is consistent with national patterns. The neighborhood's economic resilience, maintaining a relatively high median income as it diversifies, is noteworthy. This contrasts with some national trends where increasing diversity has sometimes been associated with economic challenges.
Hyland Park is exhibiting signs of a gradual transition from a homogeneous, predominantly white community to a more diverse one, while maintaining its economic strength. This trend, if it continues, could reshape the neighborhood's character and potentially influence local policies, community services, and cultural dynamics in the coming years.
