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Demographic Analysis of Reynolda Park: Low Diversity and Predominant White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Reynolda Park, a neighborhood in Winston-Salem, North Carolina, exhibits characteristics of Low Diversity, with a predominant White population of 91% as of 2022. The area has a median income of $104,776, indicating an affluent community. Reynolda Park is located near Wake Forest University and the Reynolda House Museum of American Art, which may influence its demographic and economic profile.
Over the past decade, Reynolda Park has maintained its status as a Low Diversity neighborhood. The White population has remained the Racial Majority, with percentages ranging from 85% to 91%. The Black population decreased from 8-9% in the early 2010s to 4% by 2022. The Hispanic population remained stable at around 1-2%. The Asian population maintained a minimal presence, never exceeding 1%.
The median income in Reynolda Park has shown growth over the past decade. In 2013, the median income was $86,075. By 2018, it had increased to $110,997. As of 2022, it was $104,776. This upward trend in median income correlates with the increasing percentage of White residents and the decreasing percentage of Black residents.
Population figures have remained relatively stable, fluctuating between 735 and 834 residents over the decade. The population decreased from 834 in 2010 to 796 in 2022, which may indicate a trend towards larger, more expensive homes or an aging population with fewer residents per household.
The trend of increasing racial homogeneity in Reynolda Park contrasts with many urban areas across the U.S., which have been experiencing increasing diversity. The high median income and its growth over the decade suggest that Reynolda Park is likely outpacing national averages for income growth. The stability in population, coupled with increasing income and decreasing diversity, might indicate a process of gentrification or increased exclusivity in the neighborhood.
Reynolda Park presents a picture of a stable, affluent, predominantly White neighborhood that has become slightly less diverse over the past decade. Its economic growth has been substantial, potentially making it less accessible to a diverse range of residents. These trends raise questions about housing affordability, community inclusivity, and the long-term social dynamics of the area.
