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Park Point, Duluth: Trends in Racial Composition and Economic Indicators
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Park Point, a neighborhood in Duluth, Minnesota, is characterized by low diversity with a predominantly white population of 83% in 2022. The area has shown gradual diversification over the past decade. The median income in Park Point was $53,182 in 2022, indicating an increase from previous years. Park Point is a long, narrow sand spit extending into Lake Superior.
From 2013 to 2022, Park Point has consistently been categorized as an area of low diversity, with the white population maintaining a significant majority. The white population decreased from 94% in 2013 to 83% in 2022. The percentage of residents identifying as two or more races increased from 3% to 8%. Asian and Black populations both grew from nearly 0% to 3% each. These changes indicate a transitional community status, with a gradual move towards greater racial diversity.
The median income in Park Point has shown significant fluctuations over the decade. It decreased from $45,527 in 2013 to a low of $40,704 in 2016. There was a sharp increase to $58,973 in 2021, followed by a slight decline to $53,182 in 2022. The overall trend shows an increase in median income, particularly in recent years. This economic improvement coincides with the gradual increase in diversity.
Population figures have remained relatively stable, fluctuating between about 5,600 and 5,900 residents throughout the decade. This stability in population, combined with increasing diversity and rising incomes, may indicate that the neighborhood is attracting a more diverse, potentially higher-income demographic while maintaining its overall community size.
The gradual diversification of Park Point aligns with broader national trends of increasing diversity in many urban and suburban areas. The pace of change in Park Point appears slower than national averages, which have seen more rapid increases in diversity over the same period. The economic trajectory of Park Point, with its recent upturn in median income, reflects a positive trend that outpaces many similar neighborhoods nationally.
Park Point remains a predominantly white, low diversity neighborhood, but shows signs of a transitional community status. The gradual increase in racial diversity, coupled with recent economic improvements, suggests a neighborhood in the early stages of demographic and economic change. These trends, if continued, could lead to more significant shifts in the community's character and composition in the coming years.
