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Demographic and Racial Composition Analysis of Mallard Lakes Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Mallard Lakes, a neighborhood in Winston-Salem, North Carolina, demonstrates a White Majority demographic composition with moderate diversity as of 2022. The neighborhood has a population of 3,985 and a median income of $66,605. Mallard Lakes has experienced significant population growth over the past decade, with a 26% increase from 2013 to 2022.
Over the past decade, Mallard Lakes has transitioned from Low Diversity to Moderate Diversity. In 2013, the neighborhood was categorized as Low Diversity with a White Majority (72% white). By 2022, while still maintaining a White Majority (60% white), the community has shifted towards increased diversity. The Black population has grown from 19% in 2013 to 27% in 2022. The Hispanic population has increased from 7% to 9% during the same period. A "Two or More Races" category emerged, comprising 4% of the population in 2022.
The demographic shifts in Mallard Lakes correlate with economic changes. The median income has increased from $50,943 in 2013 to $66,605 in 2022, representing a 30.7% growth. The most significant increase in median income occurred between 2016 and 2019, rising from $56,605 to $68,830, coinciding with the most pronounced shifts in racial composition.
The demographic shifts observed in Mallard Lakes align with broader national trends of increasing diversity in suburban areas. Many U.S. cities have experienced similar transitions, with traditionally white-majority suburbs becoming more diverse over the past decade.
The economic growth in Mallard Lakes is significant. While national median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Mallard Lakes saw a 30.7% increase, outpacing the national average. This suggests that the neighborhood is becoming more diverse and more prosperous.
The population growth in Mallard Lakes (26% from 2013 to 2022) outpaces the overall population growth of Winston-Salem, which grew by about 6% during a similar period. This indicates that Mallard Lakes is a particularly attractive area within the city.
Mallard Lakes represents an evolving community that has transitioned from Low Diversity to Moderate Diversity over the past decade. This demographic shift has been accompanied by economic growth, suggesting a correlation between increased diversity and economic prosperity in the neighborhood.
