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Demographic Transition in Regency Park: From White Majority to Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Regency Park, a neighborhood in Tulsa, Oklahoma, exhibits characteristics of Moderate Diversity with a transitional trend towards High Diversity. As of 2022, the community has a population of 2,057 and a median income of $45,782. Regency Park has been experiencing significant demographic shifts over the past decade, reflecting broader changes in urban American neighborhoods.
In 2013, Regency Park was categorized as having a White Majority, with 61% of the population identifying as white. By 2022, the white population had decreased to 40%, no longer constituting a majority. This shift categorizes Regency Park as a Majority-Minority community, with Hispanic residents forming the largest minority group at 31%.
The neighborhood has shown consistent trends towards increased diversity. The Hispanic population grew from 17% in 2013 to 31% in 2022. The Black population increased from 10% to 12%. The Asian population increased from 1% to 3%. The percentage of residents identifying as two or more races increased from 6% to 11%. These changes indicate that Regency Park is a Transitional Community, moving from a White Majority to a highly diverse, Majority-Minority neighborhood.
The demographic shifts in Regency Park have occurred alongside fluctuations in median income. From 2013 to 2017, there was an increase in median income from $44,830 to $51,273. From 2018 to 2022, median income showed a decline, settling at $45,782 in 2022. This recent downward trend in income correlates with the accelerated diversification of the neighborhood, particularly the growth in the Hispanic population.
The population has remained relatively stable over the decade, with minor fluctuations, suggesting that the demographic changes are more likely due to shifting residential patterns rather than significant influxes of new residents.
The trends observed in Regency Park mirror broader national patterns of increasing diversity in urban and suburban neighborhoods. Many U.S. cities have experienced similar transitions from White Majority to Majority-Minority status over the past two decades. The growth in the Hispanic population aligns with national demographic trends, as the Hispanic population has been one of the fastest-growing ethnic groups in the United States.
The economic fluctuations in Regency Park, with an initial rise followed by a slight decline in median income, may reflect broader economic challenges faced by diversifying communities. This pattern is often seen in neighborhoods undergoing rapid demographic changes, where established economic structures may lag behind population shifts.
Regency Park exemplifies a neighborhood in transition, moving towards greater diversity while navigating the economic challenges that often accompany such demographic shifts. The community's evolution offers a microcosm of broader national trends in urban demographics and socioeconomic dynamics.
