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Demographics
Population
Median Income
Racial Distributions
Southern Park, a neighborhood in Lexington-Fayette, Kentucky, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, 79% of the population identifies as white. The neighborhood has experienced significant population growth over the past decade, increasing from 852 residents in 2010 to 2,284 in 2022. Southern Park remains a relatively low-income area, with a median income of $19,169 in 2022, which is below the national average.
Southern Park has maintained a White Majority throughout the observed period, but there have been fluctuations in its racial composition. From 2013 to 2019, the neighborhood showed signs of transitioning towards Moderate Diversity. The white population decreased from 71% to 60%, while the Black population increased from 17% to 23%, and the Asian population ranged between 5-11%. However, from 2020 onwards, there was a reversal of this trend, with the white population increasing to 77% in 2020 and further to 79% in 2022, solidifying its status as a Low Diversity area.
The neighborhood's economic situation has shown volatility, with some correlation to demographic shifts. Median income remained relatively stable and low from 2013 to 2019, ranging from $12,568 to $16,780. A significant increase occurred in 2020 and 2021, with median income reaching $19,238 and $32,195 respectively. This coincided with the sharp increase in the white population percentage. However, in 2022, median income dropped back to $19,169, despite the continued high percentage of white residents.
The trends in Southern Park suggest a complex interplay of factors. The initial trend towards greater diversity from 2013-2019 aligns with national trends of increasing diversity in urban areas. The sharp reversal towards a more homogeneous white population from 2020 onwards may reflect local factors such as targeted development or changes in housing policies.
The rapid income growth in 2020-2021 followed by a decline in 2022 could be related to broader economic factors such as the COVID-19 pandemic and its aftermath, which affected many communities nationwide. The persistent low median income, even after recent increases, indicates that Southern Park remains an economically challenged area compared to national averages, despite its population growth and demographic shifts.
Southern Park presents a case of a neighborhood that appeared to be transitioning towards greater diversity but has since reverted to a more homogeneous racial composition. This shift has been accompanied by volatile economic changes, suggesting a complex relationship between demographic makeup and economic outcomes in the area.