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Demographics
Population
Median Income
Racial Distributions
Cedar Forest, a neighborhood in Winston-Salem, North Carolina, exhibits a White Majority demographic composition with a median income of $74,000 as of 2022. The neighborhood has maintained this racial majority status throughout the past decade, with fluctuations in the proportion of white residents. Cedar Forest is characterized by lush green spaces and a well-maintained suburban atmosphere.
Over the past decade, Cedar Forest has consistently fallen under the White Majority category, with the white population ranging from 56% to 73% of the total. The neighborhood experienced a period of increased diversity between 2015-2017, approaching a Moderate Diversity classification with significant Black and Hispanic populations. From 2018 onwards, there was a trend towards lower diversity, with the white population increasing and other racial groups decreasing in proportion. The Asian population has shown a gradual increase, particularly in recent years.
The median income in Cedar Forest has shown a generally upward trend. From 2013 to 2022, the median income increased from $64,457 to $74,000, representing a 14.8% growth over nine years. There was a significant increase in median income from 2020 to 2021, rising from $74,009 to $80,585, followed by a slight decrease in 2022. The economic growth appears to correlate with the increasing proportion of white residents.
Population trends show fluctuations. The population peaked in 2017 at 1,272 residents but has since declined to 993 in 2022. This population decrease coincides with the period of increasing median income and a slight increase in racial homogeneity.
The trend of increasing median income in Cedar Forest aligns with broader national trends of economic recovery and growth following the 2008 recession. The neighborhood's racial composition, while predominantly white, has shown more diversity than many suburban areas in the Southern United States, particularly with its significant Hispanic population. The recent increase in the Asian population, albeit small, mirrors trends seen in many urban and suburban areas across the U.S., where Asian communities are growing.
Cedar Forest presents a picture of a stable, predominantly white neighborhood with gradually increasing economic prosperity. While it has maintained its White Majority status, there are signs of slow diversification, particularly with the growth of the Asian population. The correlation between increasing median income and a slight reduction in diversity in recent years raises questions about affordability and access for minority groups in the neighborhood. As Cedar Forest continues to evolve, balancing economic growth with inclusive community development will likely be a key challenge for local policymakers and residents.