Providence Crossing, a neighborhood in Charlotte, North Carolina, exhibits characteristics of a White Majority community with a high median income. As of 2022, the neighborhood is categorized as "Low Diversity," with the white population comprising 67% of residents. This represents a shift from earlier years, indicating a trend towards increased diversity. Providence Crossing has affluent residents and high-end real estate, with a median income of $159,802 in 2022, which is above the national average.

Over the past decade, Providence Crossing has transitioned from a highly homogeneous community to one with increasing diversity. In 2013, the neighborhood was in the "Low Diversity" category with 82% white residents. By 2022, the percentage had decreased to 67%, approaching the threshold for "Moderate Diversity." Notable changes include an increase in the Asian population from 11% in 2013 to 16% in 2022, growth in the Black population from 2% in 2013 to 4% in 2022, and a rise in residents identifying as two or more races from 1% in 2013 to 8% in 2022. These shifts suggest Providence Crossing is becoming a "Transitional Community," moving towards greater racial diversity.

The neighborhood's economic status has remained consistently high throughout the observed period. The median income rose from $142,270 in 2013 to $159,802 in 2022, with a peak of $180,713 in 2021. This economic stability, coupled with increasing diversity, suggests that the neighborhood is attracting affluent residents from various racial backgrounds. The population has grown steadily, from 7,255 in 2010 to 9,870 in 2022, indicating the area's increasing desirability. This population growth, combined with rising incomes and increasing diversity, points to a gentrification process that is bringing in wealthier residents from diverse backgrounds.