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Demographics
Population
Median Income
Racial Distributions
Grants Mills, a neighborhood in Cumberland, Rhode Island, currently exhibits a Low Diversity demographic profile with a White Majority. As of 2022, 90% of the population identifies as white, with a median household income of $162,640. This affluent community has experienced subtle yet noteworthy demographic shifts over the past decade, alongside significant economic growth. Grants Mills is known for its historic mill buildings, which have been repurposed into modern living spaces, blending the area's industrial past with contemporary residential needs.
Throughout the analyzed period (2013-2022), Grants Mills has consistently maintained its status as a Low Diversity, White Majority community. However, there have been incremental changes in its racial composition. The white population decreased from 96% in 2013 to 90% in 2022, indicating a gradual diversification. The Hispanic population increased from 2% to 3%, with a peak of 5% in 2021. The Asian population rose from 0% to 2%, stabilizing at this level since 2017. The Black population increased from 0% to 2%, showing growth particularly in recent years.
While these changes have not altered the neighborhood's overall diversity category, they suggest a slow trend towards increased racial diversity, potentially categorizing Grants Mills as a Transitional Community in the coming years if these trends continue. The demographic shifts in Grants Mills correlate with significant economic growth. The median income increased from $119,617 in 2013 to $162,640 in 2022, a 36% rise. The population grew modestly from 1,973 in 2013 to 1,964 in 2022, with fluctuations in between.
The substantial income growth suggests that the area has become increasingly attractive to high-income households. This economic prosperity may be both a cause and effect of the subtle demographic changes, potentially attracting a more diverse, affluent population while also possibly pricing out some long-term residents.
Grants Mills' median income ($162,640 in 2022) is significantly higher than the national median household income, which was around $70,784 in 2021. The neighborhood's racial composition remains less diverse than national averages. For context, the U.S. Census Bureau estimated that in 2021, the non-Hispanic white population was about 59.3% nationally, compared to 90% in Grants Mills. The gradual increase in diversity, albeit small, aligns with broader national trends of increasing racial and ethnic diversity in suburban areas.
While Grants Mills remains a Low Diversity, White Majority community with high affluence, it shows signs of gradual demographic change. The correlation between rising incomes and increasing (though still limited) diversity suggests a complex interplay of economic and social factors shaping the neighborhood's evolution. As this trend continues, it may lead to more significant shifts in the community's character and composition in the coming years, potentially transitioning towards a more diverse demographic profile.