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Capitol Drive Neighborhood in Charlotte: Demographic Analysis of a Predominantly Black Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Capitol Drive, a neighborhood in Charlotte, North Carolina, exhibits a "Low Diversity" demographic profile with a significant Black Majority of 77% as of 2022. The neighborhood has a population of 665 and a median income of $30,691. Capitol Drive is located near the Charlotte Motor Speedway.
Over the past decade, Capitol Drive has maintained its status as a Black Majority neighborhood. From 2013 to 2018, the Black population increased from 70% to 71%. From 2018 to 2020, it decreased from 71% to 66%. From 2020 to 2022, it increased from 66% to 77%. The Hispanic population fluctuated, peaking at 29% in 2014 and declining to 10% by 2022. The Asian population remained between 3% and 11% throughout the decade.
The median income in Capitol Drive has shown overall growth with fluctuations. From 2013 to 2020, it increased from $22,444 to $30,910. In 2021, it dropped to $25,620. By 2022, it rebounded to $30,691. Population trends have been variable, with a low of 353 in 2014 and a high of 672 in 2010. The current population of 665 in 2022 suggests a recent growth trend.
Charlotte has experienced rapid growth and increasing diversity over the past decade. Capitol Drive's demographic trends diverge from the city-wide pattern, maintaining its Black Majority status. This could indicate that Capitol Drive serves as a cultural enclave within the broader Charlotte community.
The median income growth in Capitol Drive lags behind the overall Charlotte median household income, which was approximately $62,817 in 2020. This disparity suggests that while the neighborhood is seeing economic improvements, it may still face economic challenges compared to the broader city.
Capitol Drive presents a case of a neighborhood maintaining its Black Majority status amidst a city experiencing increasing diversity. The economic growth, though not keeping pace with the broader city, shows resilience and potential for further development. The neighborhood's proximity to the Charlotte Motor Speedway could be leveraged for economic opportunities, potentially influencing future demographic and economic trends in this community within Charlotte.
