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Demographics
Population
Median Income
Racial Distributions
Ryanwood, a neighborhood in Fort Worth, Texas, exhibits a demographic profile categorized as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The neighborhood has a population of 3,650 and a median income of $49,774. Ryanwood has experienced significant demographic shifts over the past decade, transitioning from a predominantly Black community to one with a more diverse racial composition.
In 2013, Ryanwood was classified as having a "Black Plurality," with 46% of the population identifying as Black. The neighborhood transitioned through various demographic categories, briefly becoming a "Black Majority" community in 2016 with 58% of the population identifying as Black. By 2020, the neighborhood had shifted to a "Majority-Minority" status.
The most recent data from 2022 shows that Ryanwood maintains its "Majority-Minority" status, with Black residents comprising 48% of the population, Hispanic residents at 33%, and White residents at 17%. This shift towards greater diversity appears to have been triggered by an influx of Hispanic residents, whose representation increased from 15% in 2017 to 33% in 2022.
The demographic shifts in Ryanwood have occurred alongside fluctuations in median income. In 2013, when the neighborhood was predominantly Black, the median income was $35,558. As the community became more diverse, there was a general upward trend in median income, peaking at $53,807 in 2018. Since then, there has been a slight decline, with the 2022 median income at $49,774.
The demographic shifts observed in Ryanwood align with broader trends seen in many urban areas across the United States. The increasing Hispanic population reflects national trends of growing Hispanic communities in various parts of the country. The persistence of a significant Black population alongside this growth is somewhat unique and speaks to the neighborhood's evolving character.
The economic fluctuations in Ryanwood mirror national trends to some extent. The peak in median income in 2018 aligns with the general economic recovery following the 2008 financial crisis, while the subsequent decline may reflect the economic challenges brought about by the COVID-19 pandemic.
Ryanwood exemplifies a "Transitional Community," having evolved from a predominantly Black neighborhood to a more diverse "Majority-Minority" area over the past decade. This transition has been accompanied by economic changes, reflecting the interplay between demographic shifts and economic conditions.