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Demographics
Population
Median Income
Racial Distributions
South Riverfront in Monroe, Louisiana, is a neighborhood with Low Diversity, characterized by a strong Black Majority. As of 2022, the Black population comprises 88% of the community, with a median income of $24,617. This area is situated near the Ouachita River, which has influenced local life and economy.
Over the past decade, South Riverfront has maintained its status as a Black Majority neighborhood. The percentage of Black residents has remained stable, fluctuating between 88% and 90% from 2013 to 2022. This stability indicates a deeply rooted African American community. The White population has increased slightly from 8% in 2015 to 10% in 2022, while Hispanic and Two or More Races categories have emerged with 1% each in recent years.
The median income in South Riverfront has shown an upward trend over the past decade, rising from $18,858 in 2013 to $24,617 in 2022, representing an increase of about 30.5% over nine years. This growth has not been steady, with some fluctuations observed. The population of the neighborhood has experienced a decline, dropping from 14,734 in 2010 to 12,793 in 2022, a decrease of about 13.2%.
The persistence of a strong Black Majority in South Riverfront contrasts with national trends towards increasing diversity in many urban areas. This neighborhood has maintained a relatively stable racial composition.
The median income growth in South Riverfront, while positive, still places the neighborhood below the national median household income, which was around $70,784 in 2021. This indicates that the area continues to face economic challenges.
The population decline in South Riverfront is consistent with trends seen in many inner-city neighborhoods across the United States, particularly in smaller cities. This could be related to suburbanization, changing economic opportunities, or other factors affecting urban population dynamics.
South Riverfront presents a picture of a stable, predominantly African American community that has seen modest economic improvements over the past decade. The combination of rising incomes and declining population suggests a complex interplay of socio-economic factors affecting the community's development. The challenge for local policymakers and community leaders may be to build on the income growth while addressing the factors contributing to population loss, to ensure the long-term vitality and sustainability of this neighborhood.