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Demographic Trends in Mill Ridge Place, Fort Wayne: A Decade of Population Decline
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
Mill Ridge Place, a neighborhood in Fort Wayne, Indiana, has experienced a significant population decrease from 2010 to 2022. The population declined from 865 to 510, representing a 41% reduction over this period.
The neighborhood is classified as a Light Urban Neighborhood based on its population density, which was 4,673.43 people per square mile in 2022. This classification typically indicates a mix of low to mid-rise apartments and developed infrastructure.
The population in Mill Ridge Place reached its lowest recorded level in 2022 with 510 residents. This decline may be attributed to various factors, including changing economic conditions, shifts in housing preferences, or the impact of urban development in other parts of Fort Wayne.
The population density has decreased from 7,926.51 people per square mile in 2010 to 4,673.43 in 2022. This reduction suggests a less crowded area over time, potentially affecting the local economy and service provision.
Brief periods of population increase occurred between 2015 and 2017, and again in 2019. These fluctuations may reflect temporary factors such as new housing developments or economic initiatives.
Fort Wayne has been undergoing urban renewal projects in recent years. These city-wide initiatives may influence population movements within Fort Wayne, potentially affecting Mill Ridge Place's demographics.
The estimated number of housing units for 2022, based on the national average household size, is approximately 195. This low number of units, combined with the high population density, suggests that housing in Mill Ridge Place likely consists of multi-family dwellings.
Mill Ridge Place appears to be a neighborhood in transition, experiencing significant population decline over the past decade. It maintains characteristics of a Light Urban Neighborhood, suggesting a balance between urban conveniences and a less crowded living environment compared to its past.
