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Demographics
Population
Median Income
Racial Distributions
Bonnycastle, a neighborhood in Louisville, Kentucky, exhibits a demographic profile characterized by low diversity with a predominantly White population. In 2022, the White population comprised 86% of the neighborhood. Over the past decade, Bonnycastle has experienced subtle shifts in its racial composition while maintaining a strong White majority. The neighborhood's median income was $73,496 in 2022, surpassing the national median and indicating an affluent community. Bonnycastle is recognized for its historic appeal, featuring early 20th-century homes and tree-lined streets.
The neighborhood has consistently been categorized as low diversity over the past decade, with the White population exceeding 75% throughout this period. A gradual trend towards increased diversity has been observed. The White population decreased from 97% in 2019 to 86% in 2022. Concurrently, the Black population increased from 0% to 5%, the Asian population rose to 3%, and the Two or More Races category grew from 1% to 5%. These changes, while not dramatic, suggest a trend towards a more diverse community.
Bonnycastle's median income has fluctuated over the years but remained generally high. It reached $73,347 in 2015, decreased to $65,747 in 2019, and then increased to $73,496 in 2022. This recent upward trend in income coincides with the slight increase in diversity, potentially indicating that the neighborhood is attracting diverse, high-income residents. The population has remained relatively stable, ranging from 2,100 to 2,200 residents, suggesting consistent desirability of the neighborhood.
The correlation between increasing diversity and rising median income suggests that Bonnycastle may be experiencing a form of inclusive gentrification, where the neighborhood becomes more diverse while maintaining its economic status. The gradual increase in diversity aligns with national trends of increasing diversity in urban and suburban areas. Bonnycastle's median income of $73,496 in 2022 exceeds the national median income, indicating that it remains an affluent area even as it diversifies. The stability in population suggests that Bonnycastle is a mature, established neighborhood.
In conclusion, Bonnycastle remains categorized as low diversity but shows signs of transitioning towards greater racial diversity. This shift, combined with maintained high median incomes, suggests a gradual evolution of the neighborhood's character while preserving its economic status. If current trends continue, Bonnycastle may potentially evolve into a moderate diversity category in the coming years, potentially altering the social fabric of this historically affluent, predominantly White neighborhood.