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Demographics
Population
Median Income
Racial Distributions
Old North Knoxville, a neighborhood in Knoxville, Tennessee, exhibits a "Low Diversity" demographic profile, with a White majority of 85% as of 2022. The neighborhood has experienced economic growth, with median income increasing from $21,367 in 2017 to $50,969 in 2022. Old North Knoxville is known for its historic district, featuring Victorian-era homes and a strong sense of community preservation.
Over the past decade, Old North Knoxville has maintained its status as a "Low Diversity" neighborhood. The White population has remained the dominant racial group, fluctuating between 79% and 87% from 2013 to 2022. The Black population decreased from 13% in 2014 to 6% in 2022. The Hispanic population increased from 2% in 2014 to 7% in 2022. Other racial groups maintained relatively stable, low percentages throughout the period.
The neighborhood has experienced significant economic growth, particularly in recent years. From 2013 to 2017, median income remained relatively stagnant, around $21,000-$26,000. A dramatic increase began in 2018, with median income rising from $29,394 to $51,493 in 2020. This upward trend continued, reaching $53,414 in 2021 before slightly decreasing to $50,969 in 2022.
This economic growth correlates with subtle demographic shifts. As the neighborhood's income levels rose, it attracted a slightly more diverse population, particularly Hispanic residents. However, the persistent White majority suggests that the economic growth has not led to significant demographic changes. Population figures show modest fluctuations, with a general upward trend from 2,025 in 2010 to 2,410 in 2022. This growth, combined with rising incomes, suggests increasing desirability of the neighborhood.
Old North Knoxville's trends can be contextualized within broader national patterns. The neighborhood's rapid income growth outpaces national averages, suggesting localized economic factors at play. The persistent low diversity contrasts with increasing diversity trends in many urban areas across the U.S., indicating that Old North Knoxville may be maintaining its traditional demographic character despite economic changes. The slight increase in Hispanic population aligns with national trends of growing Hispanic communities in various urban and suburban areas.
Old North Knoxville presents a case of significant economic growth within a relatively stable racial demographic context. While the neighborhood remains predominantly White, subtle shifts towards increased diversity, particularly in the Hispanic population, suggest the potential for gradual demographic changes in the future. The challenge for the community may be in balancing economic growth with maintaining its historic character while potentially becoming more inclusive and diverse over time.