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Demographics
Population
Median Income
Racial Distributions
McConnells Trace, a neighborhood in Lexington-Fayette, Kentucky, is classified as a White Majority community with moderate diversity. As of 2022, the neighborhood has a population of 5,043 and a median income of $74,579. The racial composition of McConnells Trace has remained relatively stable over the past decade, maintaining a consistent White majority despite minor changes in other racial groups.
From 2013 to 2022, McConnells Trace has consistently been categorized as White Majority, with the white population ranging from 62% to 68%. The Black population increased from 19% in 2013 to 23% in 2018, before decreasing to 14% in 2022. The Hispanic population has remained relatively stable, fluctuating between 7% and 13%. The Asian population increased from 2% in 2021 to 5% in 2022.
The median income in McConnells Trace has fluctuated over the past decade. It reached a high of $75,196 in 2013, then declined to a low of $64,000 in 2017. Since 2017, there has been a general upward trend, reaching $79,961 in 2021 before decreasing to $74,579 in 2022. Periods of higher median income correspond with slightly higher percentages of the white population.
The population has grown steadily from 4,140 in 2010 to 5,043 in 2022, indicating the neighborhood's increasing attractiveness.
The trends in McConnells Trace reflect broader national patterns of increasing diversity in suburban areas. The neighborhood's ability to maintain a stable racial composition while experiencing economic fluctuations suggests a level of resilience and community cohesion.
The recent increase in the Asian population from 2% to 5% in one year might indicate a localized trend of Asian immigration or movement into the area, possibly related to job opportunities or educational institutions in the broader Lexington-Fayette.
McConnells Trace presents a picture of gradual diversification within a White Majority framework, coupled with economic resilience. The neighborhood's ability to maintain population growth despite income fluctuations suggests it remains an attractive area for residents, potentially due to its blend of stability and increasing diversity.