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Demographic Analysis of Parkwood: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Parkwood, a neighborhood in Decatur, Georgia, exhibits characteristics of Low Diversity with a White Majority. As of 2022, the white population comprises 75% of the neighborhood. The neighborhood has a median income of $160,171, which is above the national average. Parkwood is known for its tree-lined streets and historic homes.
Over the past decade, Parkwood has undergone a demographic transition. In 2013, the white population constituted 86% of residents. By 2022, this percentage decreased to 75%, indicating a trend towards increased diversity, while maintaining its White Majority status. The Hispanic population increased from 5% in 2013 to 15% in 2022. This shift suggests that Parkwood may transition from Low Diversity to Moderate Diversity if current trends continue.
The neighborhood shows signs of being a Transitional Community, evident in the increasing Hispanic population and slight growth in other minority groups. The Asian population has remained at 3% since 2018, while the Black population has decreased from 5% to 3% over the decade.
Parkwood's demographic shifts have occurred alongside economic growth. The median income rose from $130,078 in 2013 to $169,683 in 2021, peaking at $167,087 in 2017. This economic prosperity likely attracts a more diverse population while potentially pricing out some long-term residents.
The population has grown from 1,308 in 2013 to 1,726 in 2022, indicating the neighborhood's increasing desirability. This growth, combined with rising incomes, suggests that the demographic changes are partly driven by new, affluent residents from diverse backgrounds moving into the area.
Parkwood's demographic evolution reflects broader national trends of increasing diversity in suburban areas, particularly those close to major metropolitan centers like Atlanta. The growth in the Hispanic population in Parkwood is notable, as it outpaces the national average increase for suburban areas.
Parkwood remains a predominantly white, affluent neighborhood, but shows signs of gradual diversification. The community is experiencing a balance between maintaining its historic character and adapting to changing demographics, which may lead to a more diverse neighborhood in the future. The economic prosperity of the area appears to be a key factor in attracting a more diverse population while potentially slowing the pace of change compared to less affluent suburbs.
