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Demographics
Population
Median Income
Racial Distributions
Michigan Oaks in Grand Rapids, Michigan, is a predominantly White Majority neighborhood with Low Diversity as of 2022. The area has a high median income of $104,960, which is above the national average. Michigan Oaks has experienced steady population growth over the past decade.
Throughout the analyzed period (2013-2022), Michigan Oaks has maintained its status as a White Majority neighborhood with Low Diversity. The white population has remained above 90% for the entire period, with only slight fluctuations. The Hispanic population has grown from 1% in 2013 to 2% in 2022. The Black population has increased from 2% to 3% in the same period. The Asian population has slightly decreased from 3% to 1%. The population identifying as two or more races has doubled from 1% to 2%.
The median income in Michigan Oaks has shown an upward trend, rising from $86,061 in 2013 to $104,960 in 2022, an increase of approximately 22%. The population has grown steadily, from 5,666 in 2013 to 5,725 in 2022, a modest increase of about 1%.
The trends in Michigan Oaks align with patterns seen in many affluent suburban areas across the United States. These areas often experience slow but steady increases in diversity, particularly among higher-income minority households; strong growth in median incomes, outpacing national averages; and stable or slightly growing populations, indicating sustained desirability. However, the rate of diversification in Michigan Oaks appears to be slower than national trends.
Michigan Oaks remains a White Majority, Low Diversity neighborhood. Subtle shifts in its demographic makeup and consistent economic growth suggest a gradually evolving community. The neighborhood's ability to maintain high median incomes while slowly increasing diversity may indicate a positive trajectory towards a more inclusive, yet still affluent, suburban environment. The pace of change is slow, and it remains to be seen whether this trend will accelerate in the coming years to more closely align with national diversity trends.