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Demographic and Economic Trends in Granby Hill: A Study of Racial Composition and Income Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Granby Hill, a neighborhood in Columbia, South Carolina, exhibits a demographic profile classified as "White Majority" with a 67% white population as of 2022. The neighborhood's racial composition has shifted from "Low Diversity" in 2013 to "Moderate Diversity" in 2022. The median income in Granby Hill has decreased from $17,749 in 2013 to $10,000 in 2022, significantly below the national poverty line.
Over the past decade, Granby Hill has experienced notable changes in its racial composition. The percentage of Black residents increased from 19% in 2013 to 25% in 2022, while the Asian population remained stable at approximately 4%. The Hispanic population has consistently remained below 4% throughout the decade. This demographic shift appears to have been driven by an influx of Black residents.
The economic trends in Granby Hill are concerning. The median income decreased by nearly 44% from 2013 to 2022. Despite this decline, the population grew from 1,903 in 2013 to 2,373 in 2022, an increase of about 25%. This combination of population growth and decreasing incomes suggests that Granby Hill may be attracting economically disadvantaged individuals and families.
The trends observed in Granby Hill diverge from national averages. While the U.S. median household income has generally increased over the past decade, reaching approximately $70,000 in 2021, Granby Hill has experienced a significant decline. This disparity highlights the neighborhood's unique economic challenges.
The increasing diversity in Granby Hill aligns with broader national trends towards more diverse communities, particularly in urban areas. However, the economic decline accompanying this diversification is atypical and may indicate specific local factors affecting this neighborhood.
Granby Hill represents a community transitioning from "Low Diversity" to "Moderate Diversity" over the past decade. This demographic shift has been accompanied by severe economic challenges, with median incomes decreasing to levels far below national averages. The combination of increasing diversity and declining economic status suggests that Granby Hill may be facing significant socioeconomic pressures.
