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Demographics
Population
Median Income
Racial Distributions
Gates Park, a neighborhood in Waterloo, Iowa, has experienced significant demographic changes over the past decade. As of 2022, the neighborhood has a population of 2,546 and a median income of $32,476. The area is located near the Cedar River and has historical importance in Waterloo's industrial development.
From 2013 to 2022, Gates Park underwent notable shifts in its racial composition. In 2013, the neighborhood was classified as a Moderate Diversity community with nearly equal proportions of Black (45%) and White (49%) residents. By 2017, it had transitioned to a Black Plurality area, with the Black population reaching 50% and the White population decreasing to 36%. However, by 2022, the neighborhood reverted to a White Majority status, with 53% White and 35% Black residents.
The median income in Gates Park has fluctuated over the past decade. From 2013 to 2018, there was a general downward trend, with income decreasing from $32,007 to $27,644. From 2019 onwards, there has been a gradual increase in median income, reaching $34,345 in 2021 before slightly decreasing to $32,476 in 2022. The population of Gates Park has also varied, peaking at 3,060 in 2015 and reaching its lowest point of 2,521 in 2021.
The demographic shifts in Gates Park reflect broader national trends of increasing diversity in urban areas. However, the recent reversal towards a White Majority is atypical and may be influenced by local economic or policy factors specific to Waterloo or Iowa.
The median income in Gates Park ($32,476 in 2022) is lower than the national median household income of approximately $70,784 in 2021. This disparity indicates that Gates Park faces economic challenges compared to national averages, potentially influencing its demographic composition and transitions.
The neighborhood's racial composition changes are more pronounced than national averages, which have shown a slower, steadier increase in diversity. This volatility suggests that Gates Park is particularly sensitive to local economic and social factors affecting residential choices and community dynamics.
Gates Park presents a case of a Transitional Community, alternating between Moderate Diversity and varying racial majorities over the past decade. These demographic shifts, combined with fluctuating economic indicators, indicate a neighborhood in flux, likely influenced by local policies, economic opportunities, and broader societal trends. The community's future demographic and economic patterns will depend on the continued interaction of these factors.