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Demographics
Population
Median Income
Racial Distributions
Historic West Loveland, a neighborhood in Loveland, Ohio, is categorized as a "White Majority" community with a median income of $72,334 as of 2022. The area has demonstrated increased diversity over the past decade, although it remains predominantly white. This historic district is characterized by 19th-century architecture and is known for antique shopping.
Over the past decade, Historic West Loveland has maintained its "White Majority" status while experiencing subtle shifts towards increased diversity. From 2013 to 2019, the neighborhood showed signs of transitioning towards "Moderate Diversity," with the Asian population growing from 0% to 10% and the Black population fluctuating between 3-6%. By 2022, while still a "White Majority," the community exhibited characteristics of a "Transitional Community." The Hispanic population increased from 1% in 2020 to 11% in 2022, indicating a trend towards increasing diversity. The white population has consistently remained above 80% throughout most of the observed period.
The neighborhood has undergone significant economic fluctuations over the past decade. Median income increased from $33,626 in 2013 to $101,106 in 2021, before settling at $72,334 in 2022. This overall upward trend suggests gentrification or an influx of higher-income residents. The population has remained relatively stable, fluctuating between 949 and 1,488 residents. The slight decrease in population from 2021 to 2022, coupled with the increase in Hispanic residents, may indicate a shift in the neighborhood's demographic and economic composition.
The sharp increase in median income correlates with the period of increased Asian population (2017-2021), suggesting that this demographic shift may have contributed to economic changes in the area.
Historic West Loveland's increasing diversity is modest compared to national trends. The United States is moving towards becoming a "Majority-Minority" nation, with projections suggesting this transition could occur by 2045. In contrast, Historic West Loveland remains in the "White Majority" category, though showing signs of gradual diversification. The economic fluctuations in the neighborhood, particularly the sharp rise in median income, outpace national trends. The U.S. median household income grew from about $52,000 in 2013 to around $70,000 in 2021, a more modest increase compared to Historic West Loveland's rise.
Historic West Loveland represents a community in transition, albeit at a slower pace than national trends. While it remains a "White Majority" area, signs of increasing diversity, particularly in the Hispanic population, suggest ongoing demographic shifts. These changes, coupled with significant economic growth, indicate a neighborhood in flux, potentially facing both opportunities and challenges associated with demographic and economic transitions.