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Demographic Trends in East Goshen: Analysis of Racial Composition and Economic Indicators
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
East Goshen, a neighborhood in Goshen, Indiana, exhibits characteristics of Low Diversity, with a White Majority comprising 81% of the population as of 2022. The neighborhood has experienced fluctuations in its demographic composition and economic status over the past decade. East Goshen has seen an increase in median income, rising from $62,499 in 2013 to $70,356 in 2022, suggesting a trend of economic growth in the area.
Over the past decade, East Goshen has consistently maintained its status as a White Majority community, with the percentage of white residents remaining above 70% throughout the period. From 2013 to 2015, the neighborhood showed very Low Diversity, with white residents comprising over 80% of the population. Between 2016 and 2019, there was a slight trend towards Moderate Diversity, with the Hispanic population increasing to 20-24% and the white population decreasing to 73-76%. From 2020 to 2022, the community reverted to Low Diversity, with the white population increasing back to 80-81% and the Hispanic population decreasing to 15-16%.
The median income in East Goshen has shown a general upward trend over the decade, with some fluctuations. From 2013 to 2015, there was a slight decrease in median income from $62,499 to $53,845. From 2016 to 2021, there was a significant increase in median income, reaching a peak of $76,322 in 2021. In 2022, there was a slight decrease to $70,356, which is still higher than the 2013 level.
These economic trends somewhat correlate with the demographic shifts. The period of increasing diversity (2016-2019) coincided with a rise in median income, suggesting that the influx of Hispanic residents may have contributed to economic growth in the area. The return to lower diversity in recent years has been accompanied by continued income growth, indicating that the economic prosperity is not solely tied to demographic diversity.
The trend of increasing median income in East Goshen aligns with broader economic recovery trends following the 2008 financial crisis. The fluctuations in diversity, particularly the growth and subsequent decrease in the Hispanic population, may reflect broader immigration patterns or economic opportunities in the region.
The population of East Goshen has fluctuated over the years, with no clear long-term growth or decline trend. This stability in population size, combined with increasing median income, suggests that the neighborhood may be experiencing gentrification or becoming more attractive to higher-income residents.
East Goshen has maintained its status as a White Majority, Low Diversity community over the past decade, with brief periods of increasing diversity. The neighborhood has experienced significant economic growth, as evidenced by rising median incomes. These trends suggest that East Goshen is evolving into a more prosperous area while largely maintaining its demographic composition, which may have implications for community dynamics, housing affordability, and local services in the coming years.
