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Demographics
Population
Median Income
Racial Distributions
Colony Park in Durham, North Carolina, is categorized as a neighborhood with Low Diversity, with a white majority comprising 76% of the population as of 2022. The neighborhood has maintained a population of around 600-700 residents over the past decade. With a median income of $76,368 in 2022, Colony Park represents an upper-middle-class enclave within Durham. The neighborhood is known for its green spaces and community parks.
Over the past decade, Colony Park has consistently maintained its status as a Low Diversity neighborhood with a white majority. The white population has remained dominant, fluctuating between 72% and 83% from 2013 to 2022. The Asian population has increased from 4% in 2013 to 14% in 2022. The black population has decreased from 15% in 2013 to 2% in 2022. By 2022, the neighborhood saw a presence of Hispanic residents (3%) and those identifying as two or more races (4%).
The median income in Colony Park has shown an overall upward trend, with some fluctuations. From $72,174 in 2013 to $76,368 in 2022, there was a modest increase of about 5.8% over nine years. The highest median income was recorded in 2018 at $83,725. The increase in Asian population coincides with periods of higher median income. Despite demographic shifts, the overall income levels have remained relatively stable.
The demographic shifts in Colony Park, particularly the decrease in black population and increase in white and Asian residents, align with gentrification patterns seen in many urban areas across the United States. The neighborhood's ability to maintain and slightly increase its median income over the decade suggests economic resilience. As a relatively small neighborhood with a stable population size, Colony Park appears to have maintained its character as an upper-middle-class suburban enclave.
In conclusion, while Colony Park has remained a Low Diversity, white-majority neighborhood over the past decade, shifts in its racial composition, particularly the growth of the Asian population and decline of the black population, suggest a gradual change. These demographic shifts, coupled with a modest increase in median income, indicate a stable, affluent suburban community slowly adapting to broader societal changes while maintaining its core character.