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Population Density and Growth Analysis of Oakwood Terrace, Nashville-Davidson (2010-2022)
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CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
Oakwood Terrace, located in Nashville-Davidson metropolitan government, Tennessee, experienced population growth from 460 residents in 2010 to 708 in 2022, a 54% increase. This growth suggests increased attractiveness of the area.
Population density increased from 8,166 people per square mile in 2010 to 12,568 people per square mile in 2022. This density categorizes Oakwood Terrace as a light urban neighborhood, characterized by compact living environments.
Growth was particularly rapid from 2020 to 2022, with an increase of over 100 residents. This may indicate new developments or redevelopment projects in the area, possibly related to Nashville's urban expansion.
The high population density suggests residents have access to urban amenities. The neighborhood likely features developed public transportation and various local businesses within walking distance.
An estimated 271 housing units for the 2022 population, based on the national average household size, suggests a predominance of multi-family housing structures.
A population decline occurred between 2011 and 2015, reaching a low of 398 residents in 2013. This temporary decline could be attributed to local economic changes, housing market fluctuations, or temporary displacement due to renovation or redevelopment projects.
Rapid growth from 2015 onwards, especially post-2020, may indicate completed development projects. This growth pattern suggests increasing attractiveness to new residents, potentially due to improvements in local infrastructure, job opportunities, or lifestyle amenities.
Oakwood Terrace presents an urban environment with significant population growth and densification over the past decade. Residents likely experience a balance of city living conveniences and a sense of local community, characteristic of light urban neighborhoods in growing metropolitan areas.
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