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Demographics
Population
Median Income
Racial Distributions
The Belding/Woods neighborhood in Richmond, California, is classified as a "Hispanic Majority" community with a population of 9,650 and a median income of $65,827 as of 2022. The neighborhood is characterized by a strong Hispanic presence, accounting for 77% of the population, which places it in the "Racial Majority" category. Despite this majority, the presence of other racial groups contributes to the neighborhood's diversity.
Over the past decade, Belding/Woods has maintained its status as a "Hispanic Majority" neighborhood. The Hispanic majority has fluctuated between 70% and 82%, reaching its peak in 2021 at 82%. There is evidence of increasing diversity, with the Asian population growing from 3% in 2015 to 9% in 2016, though it has since stabilized at lower levels. The Black community has maintained a consistent presence, fluctuating between 7% and 14% over the decade. There is a notable increase in individuals identifying as two or more races, growing from 0% in 2015 to 3% in 2022.
The economic landscape of Belding/Woods has shown significant improvement over the past decade. The median income has risen from $49,473 in 2013 to $65,827 in 2022, representing a 33% increase. Despite the overall upward trend, there have been fluctuations, with a notable spike in 2021 to $76,941, followed by a decrease in 2022. The population has remained relatively stable, growing from 9,346 in 2013 to 9,650 in 2022.
The strong Hispanic majority in Belding/Woods aligns with broader trends of growing Hispanic populations in many urban areas across the United States, particularly in California. The significant increase in median income over the decade likely outpaces national averages, suggesting that Belding/Woods may be experiencing faster economic growth than many other areas. While Belding/Woods maintains a Hispanic majority, its gradual increase in diversity reflects California's overall reputation as one of the most diverse states in the nation.
Belding/Woods presents a picture of a stable Hispanic-majority community that is gradually becoming more diverse while experiencing significant economic growth. These trends suggest a neighborhood that is evolving economically while maintaining its cultural character, potentially offering opportunities for both long-term residents and newcomers.