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Demographic and Racial Composition Analysis of Foxcroft Neighborhood, Charlotte
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Foxcroft, a neighborhood in Charlotte, North Carolina, exhibits characteristics of Low Diversity with a White Majority. In 2022, 75% of its population identifies as white. The area is economically affluent, with a median income of $144,194 in 2022, above the national average. Foxcroft is known for its upscale residential areas and proximity to prestigious shopping districts in Charlotte.
Over the past decade, Foxcroft has maintained its status as a White Majority community. The white population has rarely fallen below 73%. Subtle shifts in racial composition have occurred. The Asian population increased from 6% in 2013 to 12% in 2022, indicating a potential trend towards Moderate Diversity. The Black population has remained relatively stable, fluctuating between 5% and 12% throughout the decade. There has been a slight increase in the Hispanic population and those identifying as two or more races.
Foxcroft has experienced consistent economic growth. The median income rose from $123,717 in 2013 to $144,194 in 2022, an increase of about 16.5%. This economic prosperity correlates with the stability of the white majority and the increase in the Asian population. The population has grown from 5,373 in 2013 to 6,749 in 2022, a 25.6% increase. This population growth, coupled with rising incomes, suggests that Foxcroft has become increasingly desirable.
Foxcroft's demographic and economic trends differ from many urban areas across the United States. While the neighborhood has experienced some diversification, particularly with the growth of its Asian population, it has maintained a strong white majority in contrast to national trends towards more mixed communities.
The economic growth in Foxcroft outpaces many areas nationally. While the U.S. median household income grew by about 10% between 2013 and 2021 (adjusted for inflation), Foxcroft's grew by over 16%, indicating stronger local economic factors.
Foxcroft shows signs of gradual diversification and strong economic growth, but remains a predominantly white, affluent enclave within Charlotte. The neighborhood's ability to maintain its demographic composition while experiencing significant population and income growth suggests a combination of strong property values, exclusive housing markets, and potentially selective migration patterns that favor high-income residents.
