Loading Content...
Demographic and Economic Trends in Collingwood: A Study of Racial Composition and Income Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Collingwood, a neighborhood in Charlotte, North Carolina, exhibits characteristics of a White Majority community with moderate diversity as of 2022. The white population constitutes 55% of residents, with significant Black and Hispanic minorities. The median income of $52,003 in 2022 suggests a working to middle-class demographic. Collingwood has experienced substantial population growth in recent years.
Over the past decade, Collingwood has undergone notable demographic changes. In 2013, the neighborhood was categorized as a Moderate Diversity area, with no racial group exceeding 50% of the population. By 2016, the community transitioned to a White Majority status, with the white population reaching 49%. From 2017 to 2019, the neighborhood maintained its White Majority status, with the white population around 53-54%. In 2020, the white population surged to 63%, solidifying the neighborhood's White Majority categorization.
In recent years (2021-2022), while still maintaining a White Majority, the community has shown signs of returning to a more diverse composition. The white population decreased to 55% in 2022, with increases in Black and Hispanic populations, suggesting a potential trend towards Moderate Diversity once again.
The demographic shifts in Collingwood have been accompanied by significant economic changes. In 2013, the median income was $38,375, which remained relatively stable until 2015. A notable increase occurred in 2016, jumping to $45,367, coinciding with the transition to a White Majority status. From 2016 to 2022, the median income showed a general upward trend, reaching $52,003 in 2022. This represents a 35.5% increase from 2013 to 2022. The most significant jump occurred between 2018 and 2019, with median income rising from $44,225 to $50,028, a 13.1% increase in a single year.
The population of Collingwood has fluctuated over the years but shows an overall increasing trend. From 3,398 residents in 2013, it grew to 3,780 in 2022, representing an 11.2% increase. This population growth, coupled with rising median incomes, suggests an increasing attractiveness of the neighborhood.
The demographic shifts in Collingwood reflect broader national trends of increasing diversity in urban areas. However, the neighborhood's transition to and maintenance of a White Majority status since 2016 contrasts with many urban areas that are becoming more diverse. The income growth in Collingwood outpaces the national average. While the U.S. median household income grew by about 10% from 2013 to 2022 (adjusted for inflation), Collingwood's grew by 35.5%. The population growth in Collingwood also exceeds the national average. While the U.S. population grew by about 4% from 2013 to 2022, Collingwood's grew by 11.2%.
These trends suggest that Collingwood is undergoing significant socio-economic changes, potentially transforming from a diverse, working-class neighborhood to a more affluent, predominantly white area. However, recent trends indicate a possible return to increased diversity, which could shape the neighborhood's future character and development.
