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Demographic Analysis of Fort Mill, South Carolina: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Fort Mill, South Carolina, exhibits demographic changes and economic growth from 2013 to 2022. The city maintains a white majority, with 71% of the population identifying as white in 2022. The population increased from 24,454 in 2013 to 42,317 in 2022, a 73% growth. The median income rose from $81,623 in 2013 to $103,865 in 2022, a 27% increase.
The white population decreased from 82% in 2013 to 71% in 2022, indicating a trend toward increased diversity. The Black population remained stable at 11-12%. The Hispanic population grew from 4% to 7%, and the Asian population increased from 1% to 4% between 2013 and 2022. The percentage of people identifying as two or more races also increased.
Fort Mill's demographic shifts occurred alongside economic growth. The population growth and rising median income suggest the city has become an attractive destination for various demographic groups, likely due to economic opportunities and quality of life factors.
Fort Mill's growth and increasing diversity align with trends seen in many suburban areas near major metropolitan centers. The city's proximity to Charlotte, North Carolina, likely influences its growth patterns and increasing diversity.
Based on observed trends, Fort Mill is likely to continue its trajectory towards greater diversity. If current trends persist, the city could transition from a "White Majority" to a "Moderate Diversity" category within the next 5-10 years. The white population may fall below 70%, while Hispanic, Asian, and multiracial populations continue to grow.
Economically, the strong growth in median income suggests continued prosperity. The slight decrease in median income from 2021 to 2022 (from $114,953 to $103,865) should be monitored to determine if it is an anomaly or the beginning of a new trend.
Fort Mill exemplifies a transitional community, moving from low diversity towards moderate diversity while experiencing significant economic growth. This transition is likely to continue, reshaping the demographic and economic landscape of the city in the coming years.
