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Demographic Analysis of Buttonwood Estates: A Predominantly White, High-Income Neighborhood in Winston-Salem
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Buttonwood Estates in Winston-Salem, North Carolina, is characterized as a neighborhood with Low Diversity, having a White Majority of 86% as of 2022. The area has a median income of $158,139, which is above the national average. Buttonwood Estates is known for its luxurious homes and well-manicured landscapes, attracting affluent residents seeking a suburban lifestyle within city limits.
Over the past decade, Buttonwood Estates has maintained its status as a Low Diversity neighborhood with a White Majority. In 2013, the neighborhood showed 80% White and 17% Black populations. From 2014 to 2016, the area experienced its lowest diversity period, with the White population reaching 99% in 2016. Since 2017, there has been a gradual increase in diversity, with small but growing representations of Black, Hispanic, and Asian populations. By 2022, the neighborhood shows 14% of the population comprised of non-White residents.
The economic status of Buttonwood Estates has remained consistently high throughout the decade, with some fluctuations. Median income peaked in 2014 and 2017 at $200,000, coinciding with periods of lower diversity. There was a slight downward trend in median income from 2018 to 2022, dropping from $172,457 to $158,139, as the neighborhood became slightly more diverse. Despite this decrease, the median income remains significantly high, indicating that the area continues to attract affluent residents across various racial groups.
Population trends show an increase from 254 in 2010 to 318 in 2022, suggesting that the neighborhood remains desirable and is growing.
The demographic trends in Buttonwood Estates contrast with broader national trends towards increasing diversity. While many urban areas across the U.S. have experienced rapid diversification, Buttonwood Estates has maintained a predominantly White population. However, the slight increase in diversity in recent years may indicate a gradual shift towards aligning with national demographic changes.
The high median income of the neighborhood, even as it experiences a slight decrease, remains well above the national median household income (which was around $67,521 in 2020). This suggests that Buttonwood Estates continues to be an enclave of affluence within Winston-Salem, attracting high-income residents across racial groups.
The gradual increase in diversity, coupled with a slight decrease in median income, might indicate a slow but steady trend towards more inclusive community development. This could be reflective of broader societal shifts towards recognizing the value of diverse neighborhoods, even in traditionally homogeneous, high-income areas.
In conclusion, while Buttonwood Estates remains a predominantly White, high-income neighborhood, the subtle shifts towards increased diversity over the past few years suggest a potential for gradual change. This evolution may lead to a more inclusive community in the future, potentially transitioning from Low Diversity to Moderate Diversity if current trends continue.
