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Demographics
Population
Population Density
The Olneyville neighborhood in Providence, Rhode Island, experienced population fluctuations from 2010 to 2022. The general trend showed a population decline followed by a recent increase.
In 2010, Olneyville's population was 6,240, decreasing to 6,168 in 2011. A population increase occurred in 2012, reaching 6,722 residents. Growth continued until 2014, peaking at 6,830 residents. From 2015, the population declined, with significant decreases in 2019 and 2020, reaching 5,461 residents in 2020.
The years 2021 and 2022 showed population recovery. The population increased to 5,845 in 2021 and 6,407 in 2022, indicating potential neighborhood revitalization.
Population density figures reflect these trends. The 2022 density was 11,535.36 people per square mile, indicating an urban environment. The estimated 2,455 housing units for the 2022 population, based on the national average household size of 2.61 persons, supports this urban character.
Olneyville's urban density suggests proximity to amenities, potential public transportation options, and a mix of residential and commercial spaces. The neighborhood's history as a former industrial area may contribute to population fluctuations.
The recent population increase could be attributed to urban renewal projects, improved housing options, or economic developments. The decline from 2014 to 2020 might indicate challenges related to economic factors, changing housing preferences, or demographic shifts in Providence.
This urban neighborhood likely offers historical character and modern developments, appealing to residents valuing city living with access to services and amenities. Recent population growth suggests a potentially improving neighborhood perception, which could lead to further development and community investment.