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Demographic Analysis of Rain Tree Neighborhood: A Study of Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Rain Tree, a neighborhood in Charlotte, North Carolina, is characterized by a white majority population of 78% as of 2022. The area has a median income of $93,148 in 2022, indicating an affluent suburban community. The neighborhood has experienced an increase in its Asian population over the past decade.
Over the past decade, Rain Tree has maintained its status as a white-majority neighborhood. The white population has declined slightly from 81% in 2013 to 78% in 2022. The Asian population has increased from 4% in 2013 to 8% in 2022, with a peak of 14% in 2021. Black and Hispanic populations have remained relatively stable, fluctuating between 4-10% each over the decade.
The median income in Rain Tree has fluctuated over the decade but generally remained high. The median income peaked at $94,130 in 2013, dropped to a low of $82,347 in 2016, and has since rebounded to $93,148 in 2022. The neighborhood's population grew from 3,519 in 2013 to 3,543 in 2022, with fluctuations in between, peaking at 4,083 in 2018.
Rain Tree's trends can be contextualized within broader national patterns. Many U.S. suburbs have been experiencing increased racial and ethnic diversity over the past decades, aligning with Rain Tree's gradual shift. The growth in the Asian population in Rain Tree reflects a national trend of increasing Asian American communities in suburban areas, often associated with high-skilled job markets and good school districts. Rain Tree's median income ($93,148 in 2022) is significantly higher than the national median household income (about $70,784 in 2021), indicating that it remains an affluent suburb despite some fluctuations.
Rain Tree remains a predominantly white, affluent neighborhood, but shows signs of gradual diversification, particularly with growth in its Asian population. These changes, coupled with consistently high income levels, suggest that the neighborhood is slowly evolving while maintaining its status as a desirable, upscale suburban community.
