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Demographic Analysis of New Sherwood Forest: A Predominantly White, Affluent Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
New Sherwood Forest, a neighborhood in Winston-Salem, North Carolina, exhibits a Low Diversity demographic profile with a White Majority of 88% in 2022. The area has high median incomes, consistently above $140,000 annually, positioning it as an affluent enclave within the city. New Sherwood Forest is characterized by lush, wooded lots and spacious homes.
Over the past decade, New Sherwood Forest has maintained its status as a Low Diversity community with a consistent White Majority. The percentage of white residents has fluctuated slightly, from 84% in 2013 to a peak of 94% in 2015, settling at 88% in 2022. This indicates a slight trend towards increased diversity, albeit still within the Low Diversity category.
The black population increased from 2% in 2014-2016 to 5-7% in 2017-2021, before decreasing to 3% in 2022. Asian and Hispanic populations have maintained a small but consistent presence, typically around 1-2% each. The category of Two or More Races has shown growth from 0-1% in earlier years to 5% in 2022, indicating a trend towards increased multiracial representation.
The neighborhood's economic profile has remained consistently affluent. The median income has fluctuated between approximately $140,000 and $166,000 over the decade, with a peak in 2017 at $166,489. There has been a general upward trend in population, from 2,114 in 2013 to 2,386 in 2022, with some fluctuations.
The stability in high median incomes alongside the slight increase in diversity suggests that the neighborhood has maintained its economic exclusivity while slowly becoming more inclusive racially. This trend aligns with broader national patterns of slow but steady diversification in affluent suburbs. However, the neighborhood's pace of change is notably slower than national averages.
The consistent high median income in New Sherwood Forest stands in contrast to national trends of widening income inequality. While many areas have experienced growing disparities, this neighborhood has maintained its economic status.
New Sherwood Forest presents a picture of gradual, subtle demographic change within a framework of economic stability and affluence. While it remains a predominantly white, high-income area, the small increases in diversity may indicate the beginning of a long-term trend towards a more heterogeneous community, albeit at a pace slower than national averages.
