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Demographic Analysis of Peachtree Park: 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
Peachtree Park, an Atlanta neighborhood, is classified as a Low Diversity area with a White Majority, comprising 70% of the population in 2022. The median income was $166,625 in 2022, indicating an affluent community. Peachtree Park is located near upscale amenities in Buckhead and features tree-lined streets with a mix of historic and modern homes.
Over the past decade, Peachtree Park has maintained its Low Diversity status with a White Majority. The White population decreased from 75% in 2015 to 70% in 2022. The Black population increased from 7% in 2017 to 17% in 2022, showing the most significant growth among minority groups. The Hispanic population fluctuated between 6-13% over the years, reaching 10% in 2022. The Asian population decreased from 7% in 2013 to 2% in 2022. These changes indicate a gradual trend towards increased diversity, though not sufficient to change the neighborhood's classification.
The median income in Peachtree Park increased from $134,726 in 2013 to $166,625 in 2022, a 23.7% increase over nine years. This income growth correlates with the slight increase in diversity, particularly in the Black population percentage. The population grew moderately from 1,446 in 2013 to 1,514 in 2022, a 4.7% increase. The significant income increase coupled with modest population growth suggests the neighborhood has become more desirable and potentially more expensive.
Peachtree Park's demographic evolution reflects broader trends in many affluent urban neighborhoods across the United States, with a slow but steady increase in diversity. However, the pace of change in Peachtree Park appears slower than national averages. Many urban areas in the U.S. have been experiencing more rapid shifts towards Moderate or High Diversity categories over the same period.
The neighborhood's income growth outpaces the national average, which saw median household income rise by about 10% between 2013 and 2022 when adjusted for inflation. This indicates that Peachtree Park is becoming increasingly exclusive in terms of affordability.
Peachtree Park remains a Low Diversity, White Majority neighborhood, but shows signs of gradual change towards increased diversity, particularly in its Black population. This shift, combined with significant income growth, indicates a neighborhood in transition, albeit at a slower pace than many urban areas nationwide. The future challenge for Peachtree Park may be balancing its growing affluence with opportunities for increased diversity and inclusivity.
