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Demographics
Population
Population Density
The Fountain Square neighborhood in Indianapolis, Indiana, experienced population fluctuations from 2010 to 2022. Data indicates a peak population of 4,430 residents in 2011, followed by a decline to 3,732 residents in 2022. This represents a 15.8% decrease from the 2011 peak.
Fountain Square's population density was 5,454.5 people per square mile in 2022. This density classifies the area as a Dense Suburban Neighborhood, approaching Light Urban characteristics. Such density typically indicates a mix of housing types, including low-rise apartments, townhomes, and single-family residences on smaller lots.
The demographic shifts suggest a neighborhood in transition. The population growth from 2010 to 2011 may indicate a period of revitalization or gentrification. The subsequent decline might reflect changing economic conditions, housing market shifts, or evolving neighborhood dynamics.
Fountain Square is known for its arts scene and historic character, which likely contributes to its appeal as a dense, walkable neighborhood. The high population density suggests a community that supports various local businesses, restaurants, and cultural venues in close proximity to residential areas. This urban-suburban blend typically offers residents a lifestyle that balances city living convenience with a suburban sense of community.
The estimated 1,430 housing units (based on the 2022 population and national average household size) underscores the compact nature of the neighborhood. This housing density often correlates with a diverse mix of residents, including young professionals, families, and long-time inhabitants, contributing to a dynamic community composition.
While the population has decreased over time, the continued high density indicates that Fountain Square remains an attractive location for those seeking an urban lifestyle with strong neighborhood character. The gradual population decline could present opportunities for community leaders and urban planners to address underlying issues and potentially reverse the trend, utilizing the neighborhood's cultural assets and dense, walkable layout to attract new residents and maintain community vibrancy.