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Demographics
Population
Median Income
Racial Distributions
Woodville, a neighborhood in Wakefield, Massachusetts, exhibits characteristics of Low Diversity with a White Majority. As of 2022, the white population constitutes 88% of the total, surpassing the 75% threshold for Low Diversity classification. The neighborhood has experienced population growth over the past decade, from 2,851 residents in 2010 to 3,389 in 2022. Economically, Woodville has a high median income of $107,369 in 2022, indicating an affluent community. Woodville is known for its historic charm, featuring well-preserved 19th-century architecture that reflects its New England heritage.
Throughout the analyzed period (2013-2022), Woodville has consistently maintained its status as a Low Diversity, White Majority community. Subtle shifts in racial composition are evident. The white population decreased from 93% in 2013 to 88% in 2022, indicating a slight trend towards increased diversity. The Asian population fluctuated between 2% and 8%, peaking at 8% in 2020 before settling at 3% in 2022. The Hispanic population showed a gradual increase from 2% in 2013 to 5% in 2022. The population of two or more races increased from 1% in 2013 to 3% in 2022.
The median income in Woodville has shown growth, rising from $95,578 in 2013 to $107,369 in 2022, an increase of about 12.3%. This trend suggests growing affluence in the community, which may be influencing or influenced by the subtle demographic shifts. The increasing median income might be attracting a more diverse, highly educated workforce, contributing to the slight increase in Asian and Hispanic populations. The economic growth could be fueling property value increases, potentially making the area less accessible to lower-income households and maintaining its low diversity status.
Woodville's demographic changes align with broader national trends of increasing diversity in suburban areas. However, the pace of change in Woodville appears slower than national averages. The U.S. Census Bureau reported that the non-Hispanic white population in the United States decreased from 63.7% in 2010 to 57.8% in 2020, a more significant shift than observed in Woodville.
The economic growth in Woodville outpaces national trends. The U.S. median household income grew from $53,657 in 2014 to $67,521 in 2020, an increase of about 25.8%. Woodville's median income, starting from a higher base, grew by 12.3% from 2013 to 2022, maintaining its status as an affluent community.
Woodville remains a Low Diversity, White Majority community with high affluence. Subtle demographic shifts and strong economic growth suggest the potential for gradual transformation. The neighborhood appears to be in the early stages of a transition towards greater diversity, albeit at a slower pace than national trends, while maintaining its economic advantage.