Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Wagener Terrace, a neighborhood in Charleston, South Carolina, maintains a "White Majority" demographic profile with 71% of its population identifying as white in 2022. This classification has persisted over the past decade. The neighborhood's median income was $87,964 in 2022, indicating an affluent area within Charleston. Wagener Terrace is characterized by its historic charm, featuring early 20th-century homes and tree-lined streets.
Throughout the 2013-2022 period, Wagener Terrace has consistently maintained its "White Majority" status, with the white population ranging between 69-72%. The Black population has decreased slightly from 22% in 2013 to 20% in 2022. The Hispanic population has grown from 4% in 2013 to 6% in 2022, with a peak of 8% in 2020. The Asian population has remained stable at 1-2%. These changes indicate a trend towards slightly increased diversity, particularly with the growth of the Hispanic population.
The median income in Wagener Terrace has increased significantly, rising from $62,865 in 2013 to $87,964 in 2022, an increase of approximately 40%. This income growth correlates with the neighborhood maintaining its "White Majority" status and may indicate gentrification processes. The population has grown from 4,965 in 2013 to 5,666 in 2022, suggesting increasing attractiveness to new residents. The rising incomes and stable racial makeup may suggest that the neighborhood is becoming increasingly exclusive, potentially pricing out lower-income residents and maintaining its demographic profile through economic means.
The growth in median income in Wagener Terrace outpaces national averages, which saw about a 23% increase in median household income from 2013 to 2022. This suggests that Wagener Terrace is experiencing more rapid economic growth than the nation as a whole. The slight increase in Hispanic population aligns with broader national trends of growing Hispanic communities across the U.S., although the growth in Wagener Terrace appears more modest compared to national averages.
In conclusion, Wagener Terrace has maintained its "White Majority" status over the past decade. Subtle shifts in minority populations and significant economic growth suggest a neighborhood in transition. The area is becoming increasingly affluent while slowly diversifying, particularly with growth in the Hispanic community. These trends may have implications for housing affordability and community dynamics in the coming years.