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Demographics
Population
Median Income
Racial Distributions
Mount Holly, a neighborhood in Baltimore, Maryland, exhibits characteristics of Low Diversity with a predominantly Black population (90% in 2022). The neighborhood has experienced economic fluctuations over the past decade, with a notable increase in median income in recent years. Mount Holly is known for its historical significance as one of Baltimore's older neighborhoods, with roots dating back to the 19th century.
Mount Holly has consistently maintained a Low Diversity categorization throughout the analyzed period (2013-2022). The neighborhood has been characterized by a strong Black Majority, with the Black population consistently comprising over 90% of residents. There are signs of a potential Transitional Community emerging in recent years. The Black population percentage slightly decreased from 98% in 2020 to 90% in 2022. The Hispanic population emerged at 5% in 2022, having been non-existent in previous years. The percentage of residents identifying as two or more races increased from 0% in 2020 to 4% in 2022. These changes suggest the beginnings of a shift towards slightly increased diversity, though the neighborhood remains predominantly Black.
The median income in Mount Holly has shown significant volatility over the past decade. From 2013 to 2016, there was a sharp decline in median income from $28,596 to $14,784. A gradual increase occurred from 2017 to 2019, reaching $24,824. A dramatic rise was observed in 2020 and 2021, with median income peaking at $49,825 in 2021. However, 2022 saw a substantial drop to $30,975. These economic fluctuations coincide with changes in population. The population grew steadily from 519 in 2013 to 1,044 in 2021. A slight decrease to 935 residents occurred in 2022, coinciding with the drop in median income.
The recent increase in diversity correlates with the period of highest median income (2020-2021), suggesting that improved economic conditions may have attracted a more diverse population. However, the subsequent drop in both income and population in 2022 may indicate economic challenges affecting the neighborhood's ability to maintain this diversity.
Mount Holly's demographic trends differ from national patterns. Many urban areas across the United States have been experiencing increasing diversity over the past decade, whereas Mount Holly has maintained a predominantly Black population with only recent signs of change. The neighborhood's economic volatility is more extreme than typical national trends, which have generally shown steady growth in median incomes over the same period.
The recent emergence of a Hispanic population and increase in multiracial residents aligns with broader national demographic shifts, suggesting that Mount Holly may be beginning to reflect wider patterns of increasing diversity in urban areas. However, the neighborhood's demographic changes are occurring at a slower pace and from a less diverse starting point compared to many other urban neighborhoods across the country.
Mount Holly presents a case of a historically and persistently Black-majority neighborhood showing early signs of increased diversity, coupled with significant economic fluctuations. These trends warrant continued observation to determine whether they represent the beginning of a longer-term shift in the neighborhood's demographic and economic landscape.