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Demographics
Population
Median Income
Racial Distributions
Somerset, a neighborhood in Nashville, Tennessee, exhibits a demographic profile characterized as "Moderate Diversity" as of 2022. The neighborhood has a Black plurality (43%) and a substantial White population (44%). The median income in Somerset was $72,723 in 2022, indicating a relatively affluent community. Over the past decade, Somerset has undergone significant demographic changes, transitioning from a "White Plurality" community to one of "Moderate Diversity."
In 2013, Somerset had a White plurality (48%) with a significant Black population (38%). By 2022, these percentages had shifted, with the Black population increasing to 43% and the White population remaining relatively stable at 44%. The Hispanic population experienced notable fluctuations, rising from 11% in 2013 to 22% in 2019, before declining to 7% by 2022. This pattern suggests Somerset may have briefly been categorized as a "Transitional Community" during the mid-2010s, before settling into its current "Moderate Diversity" status.
Somerset's median income has shown considerable volatility over the decade. It peaked at $78,906 in 2013, declined to $63,907 in 2017, then rebounded to $85,425 in 2021, before dropping to $72,723 in 2022. The period of lowest median income (2016-2018) coincided with the highest Hispanic population percentages and a slight dip in the White population percentage. This could indicate a brief period of demographic transition accompanied by economic challenges.
The population of Somerset has grown modestly from 513 in 2010 to 583 in 2022, indicating a stable but slightly growing community. This growth, combined with the income volatility, might reflect changing housing market dynamics and possibly gentrification pressures.
Somerset's demographic evolution mirrors broader trends seen in many urban American neighborhoods, where increasing diversity is coupled with economic fluctuations. The significant presence of both Black and White populations, along with a growing multi-racial component, is characteristic of many evolving urban areas in the South and Midwest.
The neighborhood's median income, despite its volatility, has consistently remained above the national median, suggesting that Somerset is a relatively affluent area within Nashville. However, the recent declines in median income and Hispanic population could indicate emerging challenges in maintaining economic stability and diversity.
Somerset presents a case of a neighborhood in flux, balancing between different demographic categories and experiencing economic variability. Its transition from a White plurality area to one of moderate diversity, coupled with income volatility, reflects many of the challenges and opportunities facing American urban neighborhoods in the 21st century.