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Demographics
Population
Median Income
Racial Distributions
Montibello, a neighborhood in Charlotte, North Carolina, is categorized as "Low Diversity" based on demographic data. As of 2022, the population is 93% white. The median income in 2022 was $189,456, indicating an affluent area significantly above the national median household income. Montibello has maintained a high median income over the past decade, suggesting a stable, upper-class enclave within Charlotte.
Over the past decade, Montibello has maintained its status as a predominantly white neighborhood, with some fluctuations. From 2013 to 2017, the neighborhood showed signs of transitioning towards "Moderate Diversity." The percentage of white residents decreased from 93% to 85%, while the black population increased from 3% to 10%. However, this trend reversed from 2018 onwards, with the white population increasing again to 93% by 2022, reverting the neighborhood back to "Low Diversity" status. The Asian and Hispanic populations have remained relatively stable, each consistently representing about 2-3% of the population throughout the decade.
The median income in Montibello has shown correlations with its demographic shifts. During the period of increasing diversity (2013-2017), the median income grew steadily from $181,837 to $190,137. As the neighborhood reverted to lower diversity from 2018 onwards, there was some fluctuation in median income, with a dip to $176,008 in 2019 before rebounding to $193,435 in 2021. The population size has also fluctuated, peaking at 5,223 in 2019 before declining to 4,380 in 2022. This could suggest some turnover in residents coinciding with the demographic and economic changes.
Montibello's demographic makeup and high median income suggest it is likely more homogeneous and affluent than Charlotte as a whole. The brief period of increasing diversity from 2013-2017 might have reflected broader trends of increasing diversity in American suburbs, but the subsequent reversion to low diversity is noteworthy. The consistently high median income, even during fluctuations, indicates that Montibello has remained an attractive area for high-income residents throughout the decade.
In conclusion, while Montibello briefly showed signs of increasing diversity in the mid-2010s, it has largely maintained its status as a predominantly white, high-income neighborhood. The correlation between its demographic composition and economic indicators suggests a complex interplay between racial makeup and affluence in this Charlotte community.