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Population Trends and Density Analysis of Franklin Gateway Neighborhood, Waterloo, Iowa: 2010-2022
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
The Franklin Gateway neighborhood in Waterloo, Iowa, has experienced population decline from 2010 to 2022. The population peaked at 1,380 in 2011 and decreased to 1,017 by 2022, representing a reduction of nearly 20% from the peak.
The neighborhood's population density was 3,021.42 people per square mile in 2022, classifying it as a dense suburban area. This density suggests a mix of housing types, including single-family homes, townhouses, and potentially low-rise apartment buildings.
The density has decreased over time, corresponding with the population decline. This may indicate changing housing preferences or economic factors influencing residential patterns. Based on the national average household size, the estimated number of housing units for the 2022 population is 390, suggesting a compact living environment.
Franklin Gateway's demographic changes may reflect broader trends affecting mid-sized Midwestern cities. Factors such as economic shifts, changing employment opportunities, or evolving preferences for urban versus suburban living could contribute to the population decline.
Waterloo has a significant industrial history, particularly in manufacturing, with John Deere facilities playing a crucial role in the local economy. The population trends in Franklin Gateway may be influenced by changes in these industrial sectors or urban renewal efforts in other parts of the city.
Despite the overall decline, there have been periods of slight population growth, such as between 2020 and 2021, indicating that the neighborhood still attracts new residents. This fluctuation may suggest ongoing changes in the neighborhood's appeal or economic conditions.
The dense suburban character of Franklin Gateway likely supports a lifestyle balancing urban amenities with a residential environment. Residents probably have access to local services, schools, and possibly public transportation options. However, the consistent population decline may impact local businesses and community dynamics, potentially leading to changes in the neighborhood's character and available services.
Franklin Gateway presents a case of a dense suburban neighborhood experiencing gradual population decline. This trend raises questions about future development and potential revitalization efforts that may be necessary to stabilize or reverse the population loss, ensuring the long-term vitality of this Waterloo community.
