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Demographics
Population
Median Income
Racial Distributions
Charlestowne, a neighborhood in Charleston, South Carolina, exhibits a "Low Diversity" demographic profile with a White Majority of 96% as of 2022. The area has a high economic status, with a median income of $163,635 in 2022, significantly above the national average. Charlestowne is one of the oldest and most well-preserved urban districts in the United States, featuring numerous antebellum homes and cobblestone streets.
Throughout the period from 2013 to 2022, Charlestowne has maintained its status as a "Low Diversity" neighborhood with a strong "White Majority." The white population has remained above 89% throughout this period, with minimal fluctuations. There was a slight dip in the white population percentage in 2018 (89%), but it quickly rebounded and stabilized around 96% in recent years. This suggests a very stable racial composition with little change over time.
The Hispanic population showed a minor increase from 2% in 2013 to a peak of 7% in 2018, before declining back to 2% by 2022. Other racial groups have maintained consistently low representations, with Black, Asian, and multiracial populations rarely exceeding 1-2% each.
The median income in Charlestowne has shown an upward trend, rising from $125,967 in 2013 to $163,635 in 2022, an increase of about 30% over nine years. This growth in median income correlates with the maintenance of the area's low diversity and white majority status, suggesting that the neighborhood has become increasingly affluent while maintaining its demographic homogeneity.
The population of Charlestowne has decreased from 3,011 in 2013 to 2,023 in 2022, a reduction of about 33%. This population decline, coupled with rising incomes, might indicate a trend towards gentrification or increased exclusivity in the neighborhood, potentially pricing out some residents and limiting demographic diversification.
The demographic stability and increasing affluence of Charlestowne contrast with many urban areas across the United States, which have experienced increasing diversity over the past decade. The neighborhood's median income growth outpaces the national average, which saw more modest increases during the same period.
The combination of rising incomes, decreasing population, and persistent low diversity in Charlestowne may reflect broader trends of income segregation and wealth concentration in certain urban areas, particularly in historic districts with limited housing stock. This pattern could pose challenges for efforts to promote inclusivity and affordability in such neighborhoods, potentially contributing to wider socio-economic disparities within the broader Charleston area.