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Demographic Analysis of Northbridge Terrace: A Study of Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Northbridge Terrace, a neighborhood in Charleston, South Carolina, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the community has a population of 2,429 and a median income of $95,759. The neighborhood is known for its historic charm and proximity to the Ashley River.
Over the past decade, Northbridge Terrace has maintained its status as a Low Diversity, White Majority community. The white population increased from 81% in 2013 to 91% in 2022. The black population decreased from 15% in 2013 to 5% in 2022. Other racial groups have maintained relatively stable, but minimal, representation.
The neighborhood has experienced economic growth over the past decade. The median income has risen from $83,550 in 2013 to $95,759 in 2022, representing a 14.6% increase. The population has grown from 2,152 in 2013 to 2,429 in 2022, a 12.9% increase.
The demographic trends in Northbridge Terrace contrast with national trends towards increasing diversity. The economic growth in the neighborhood outpaces the national average. The median household income in the United States grew by about 10% between 2013 and 2022, adjusted for inflation.
These trends suggest that Northbridge Terrace may be experiencing a form of exclusive gentrification, where an already affluent area becomes more exclusive, potentially pricing out minority residents and attracting more affluent white residents. This pattern can lead to increased socioeconomic segregation within the broader Charleston area.
Northbridge Terrace has seen economic prosperity and population growth, accompanied by a decrease in racial diversity. This trend raises questions about housing affordability, community inclusivity, and the long-term social dynamics of the neighborhood within the context of Charleston's broader urban landscape.
