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Demographics
Population
Median Income
Racial Distributions
The Slater Rd-Hamilton Circle neighborhood in Charlotte, North Carolina, is characterized as a Black Majority community with a median income of $38,299 as of 2022. This area has maintained its Black Majority status over the past decade, with some fluctuations in the exact percentage. The neighborhood experienced modest population growth from 2,527 residents in 2010 to 3,110 in 2022, indicating a stable but slowly growing community.
From 2013 to 2022, Slater Rd-Hamilton Circle consistently remained a Black Majority community, with the Black population ranging from 67% to 85%. The neighborhood reached its highest Black population percentage at 85% in 2020. From 2020 to 2022, there was a decrease in the Black population percentage from 85% to 67%, suggesting a trend towards increased diversity. The Hispanic population generally increased from 11% in 2013 to 13% in 2022, while the two or more races category grew from negligible levels to 8% by 2022. The White population varied between 6% and 11% over the decade, reaching 11% in 2022.
The median income in the neighborhood fluctuated over the years, ranging from a low of $36,382 in 2015 to a high of $44,776 in 2021. Despite reaching its peak in 2021, the median income decreased to $38,299 in 2022. The income fluctuations do not show a clear correlation with the demographic shifts, suggesting that other factors may influence economic conditions in the neighborhood.
The median income in Slater Rd-Hamilton Circle ($38,299 in 2022) is likely below both the Charlotte and national averages, reflecting ongoing economic disparities often associated with majority-minority neighborhoods. The gradual increase in Hispanic and multiracial populations aligns with broader national trends of increasing diversity in urban areas. Despite fluctuations, the neighborhood has maintained a relatively stable population and has not experienced dramatic long-term declines in median income, suggesting some level of economic resilience.
In conclusion, Slater Rd-Hamilton Circle remains a Black Majority community but shows signs of transitioning towards greater diversity. The economic situation is mixed, with income volatility indicating ongoing challenges but also resilience. These trends reflect broader patterns of demographic change and persistent economic disparities in many urban American neighborhoods.