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Demographic Analysis of Coronado Neighborhood: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Coronado neighborhood in Norfolk, Virginia, is predominantly Black with low diversity. As of 2022, the Black population comprises 74% of the neighborhood, with a small but growing Hispanic presence and a stable White population. The median income in 2022 is $58,392. Coronado's proximity to Naval Station Norfolk likely influences its demographics and economic patterns.
Over the past decade, Coronado has maintained a Black Majority status. From 2013 to 2019, the Black population increased from 84% to 94%. Since 2019, there has been a gradual trend towards slightly increased diversity. The Black population decreased to 74% in 2022, while the Hispanic population grew to 4% and the multiracial category increased to 10%. Despite these changes, Coronado remains categorized as Low Diversity.
The median income in Coronado has shown significant volatility over the past decade. From 2013 to 2018, median income increased from $36,999 to $66,999. Since 2018, there has been a decline, with median income dropping to $58,392 in 2022. The period of increasing income coincided with the trend towards greater racial homogeneity, while the recent income decline has occurred alongside increasing diversity.
The population has remained relatively stable throughout this period, fluctuating between 500-700 residents, with no clear correlation to income changes.
The trend towards slightly increased diversity in recent years aligns with broader national trends of growing multiracial and Hispanic populations in many urban areas. The economic volatility, particularly the recent decline in median income, may reflect broader economic challenges faced by many urban communities. The persistent Black Majority status of Coronado is notable in a national context where many urban neighborhoods are experiencing rapid gentrification and demographic shifts.
The proximity to Naval Station Norfolk likely contributes to the neighborhood's demographic stability and economic fluctuations, as military installations can influence local population dynamics and economic conditions. Coronado remains a predominantly Black community with relatively low diversity, but recent trends suggest a gradual shift towards increased diversity. This demographic evolution, coupled with economic fluctuations, indicates a neighborhood in transition, potentially influenced by both local factors and broader national trends in urban demographics and economics.
