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Demographics
Population
Median Income
Racial Distributions
Fairwold Acres, a neighborhood in Columbia, South Carolina, exhibits a Low Diversity demographic profile with a Black Majority. As of 2022, the neighborhood has 335 residents, with 94% identifying as Black. The median income is $40,161. Fairwold Acres has historical significance in Columbia's African American community, with roots tracing to the post-Civil War era.
From 2013 to 2022, Fairwold Acres maintained its status as a Black Majority community, with the percentage of Black residents remaining above 90%. In 2021, the Black population decreased to 87%, briefly pushing the neighborhood towards a Moderate Diversity classification. This change was temporary, as the demographic composition reverted to its previous state in 2022.
The most significant change occurred in the White and Two or More Races categories. In 2021, both groups increased to 6% each, a substantial change from their 1-2% representation in previous years. This brief increase in diversity was not sustained.
The median income in Fairwold Acres has shown volatility over the past decade. It rose from $24,318 in 2013 to $39,326 in 2014, then declined to $24,852 in 2017. Since then, there has been a general upward trend, reaching $40,161 in 2022. This economic instability coincides with population fluctuations, which decreased from 489 in 2010 to 335 in 2022.
The persistent Black Majority in Fairwold Acres is notable compared to broader trends in the United States. While many urban areas have experienced increasing diversity over the past decade, Fairwold Acres has maintained a relatively stable racial composition. This stability might be attributed to historical factors and strong community ties within the African American population of Columbia.
The economic volatility observed in Fairwold Acres mirrors challenges faced by many predominantly Black communities across the nation. The median income, while showing improvement in recent years, remains below the national median household income of approximately $70,000 as of 2022. This economic gap underscores the ongoing disparities faced by many minority-majority neighborhoods in the United States.
The brief increase in diversity observed in 2021 could be indicative of broader gentrification trends seen in many urban areas across the country. However, the quick reversion to previous demographic patterns suggests that Fairwold Acres may have stronger resistance to such changes compared to other neighborhoods experiencing rapid demographic shifts.
Fairwold Acres has maintained its status as a Low Diversity, Black Majority community over the past decade. The brief fluctuation in 2021 hints at potential future changes. The neighborhood's economic trajectory, though improving, indicates ongoing challenges that are common in many predominantly minority communities across the United States. Continued monitoring of these trends will be crucial for understanding the long-term demographic and economic evolution of Fairwold Acres.