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Demographics
Population
Median Income
Racial Distributions
Freedom Park, a neighborhood in Charlotte, North Carolina, exhibits characteristics of Low Diversity, with a White Majority comprising 80% of the population as of 2022. The neighborhood has a median income of $133,246, which is above the national average. Freedom Park is known for its 98-acre urban park, featuring a lake, walking trails, and recreational facilities.
Over the past decade, Freedom Park has undergone a transition in its racial composition. In 2013, the neighborhood had Low Diversity with a White Majority of 94%. By 2022, while still maintaining a White Majority, the neighborhood shows signs of becoming a Transitional Community. The Hispanic population has increased from 1% in 2013 to 10% in 2022, and the proportion of residents identifying as two or more races has grown from 1% to 6% during this period.
The median income in Freedom Park has fluctuated over the years, with an overall upward trend. In 2013, the median income was $113,027, which peaked at $161,128 in 2016 before stabilizing around $133,000-$134,000 in recent years. The population has remained relatively stable, fluctuating between 2,300 and 3,000 residents over the decade.
The trends observed in Freedom Park align with broader national patterns of increasing diversity in suburban and urban neighborhoods. The pace of change in Freedom Park appears to be slower than in many other urban areas across the United States. The high median income and the neighborhood's desirable amenities may be factors in maintaining a more gradual transition compared to rapid demographic shifts seen in some other cities.
The increase in the Hispanic population and those identifying as two or more races reflects national trends, where these groups have been among the fastest-growing segments of the U.S. population. The continued predominance of the White Majority in Freedom Park contrasts with many urban areas that have become Majority-Minority or achieved High Diversity status over the same period.
Freedom Park remains a Low Diversity neighborhood with a strong White Majority, but it shows signs of gradual transition towards greater diversity. The neighborhood's high median income and desirable location may be influencing factors in both attracting a more diverse population and moderating the pace of demographic change. As this trend continues, it will be interesting to observe how the community adapts and whether it maintains its economic status while potentially moving towards Moderate Diversity in the coming years.