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Demographics
Population
Median Income
Racial Distributions
The Carmel neighborhood in Charlotte, North Carolina, is classified as a "Low Diversity" community with a "White Majority" as of 2022. The white population comprises 82% of the total. The area has experienced economic growth over the past decade. The median income increased from $83,942 in 2013 to $124,786 in 2022. This indicates that Carmel is an affluent suburban area. The neighborhood is known for its upscale residential areas and its proximity to high-end shopping districts such as SouthPark Mall.
From 2013 to 2022, Carmel has maintained its status as a "White Majority" community. There have been minor shifts within this classification. Between 2013 and 2018, the neighborhood showed indications of moving towards "Moderate Diversity". The white population decreased from 81% to 66%. The Asian representation increased from 5% to 16%, and the Black representation rose from 6% to 9%. From 2019 to 2022, a reversal occurred. The white population increased back to 82%, returning the neighborhood to the "Low Diversity" category. These shifts suggest a brief period of increasing diversity, followed by a trend back towards homogeneity.
The demographic shifts correlate with economic changes. As diversity increased from 2013 to 2018, the median income showed moderate growth from $83,942 to $100,115. The return to "Low Diversity" from 2019 to 2022 coincided with a sharp increase in median income, rising from $103,013 to $124,786. This pattern suggests that the neighborhood's increasing homogeneity may be linked to rising property values and cost of living, potentially pricing out more diverse populations.
Population trends have been relatively stable in Carmel. There was a slight increase from 6,517 in 2013 to 7,237 in 2022, indicating controlled growth rather than rapid expansion.
The demographic trends in Carmel contrast with broader national trends towards increasing diversity. Carmel's pattern suggests a historically affluent, predominantly white neighborhood briefly experiencing increased diversity before reverting to its original demographic makeup. This trend might reflect broader patterns of suburban wealth concentration and the challenges of maintaining diversity in high-income areas. The sharp increase in median income, particularly from 2019 onwards, outpaces national averages and suggests that Carmel is becoming increasingly exclusive.
The neighborhood's evolution raises questions about housing policies, school zoning, and other factors that might influence demographic composition in affluent suburbs. It also highlights the potential tensions between economic growth and maintaining diversity in desirable residential areas.