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Demographics
Population
Median Income
Racial Distributions
Powers Ferry, a neighborhood in Sandy Springs, Georgia, is classified as a Low Diversity community with a strong White Majority. As of 2022, the median income in Powers Ferry was $183,229, which is considerably higher than the national average. The neighborhood is situated near the Chattahoochee River, providing residents with scenic views and outdoor recreational opportunities.
Over the past decade, Powers Ferry has maintained its status as a Low Diversity community with a White Majority. In 2013, the White population constituted 92% of the neighborhood. By 2019, this percentage decreased to 83%, with increases in Asian (7%) and Black (5%) populations. As of 2022, the White population increased slightly to 86%, while the Hispanic population reached 7%, its highest level during the observed period.
The median income in Powers Ferry has fluctuated over time. From 2013 to 2019, there was a steady increase, reaching $200,000 in 2018 and 2019. A significant decrease occurred in 2020 and 2021, with the median income falling to $171,684 in 2021. In 2022, it rebounded to $183,229, indicating a recovery but not reaching pre-2020 levels.
Population trends show an increase from 3,856 in 2013 to 4,687 in 2017, followed by a decline to 4,062 in 2022. This suggests a period of development and influx followed by a stabilization or slight outmigration.
The stability of Powers Ferry's demographic composition is atypical, especially for a high-income area near a major metropolitan center like Atlanta. Many urban and suburban areas across the United States have experienced increasing diversity over the past decade.
The economic trends, particularly the income drop in 2020-2021, likely reflect the broader economic impacts of the COVID-19 pandemic. The quick rebound in 2022 suggests a resilience that may be characteristic of affluent neighborhoods.
The consistent White Majority in Powers Ferry contrasts with trends in many other American suburbs, which have seen increases in racial and ethnic diversity. This stability might be attributed to factors such as established community preferences, housing policies, or the neighborhood's specific amenities and character.
In conclusion, Powers Ferry has experienced minor demographic shifts and economic fluctuations over the past decade but has largely maintained its character as an affluent, low-diversity neighborhood. The stability in its racial composition, coupled with its high median income, distinguishes it from many other suburban areas experiencing more rapid demographic changes.