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Demographics
Population
Median Income
Racial Distributions
Chancellor's Ridge in Durham, North Carolina, is a predominantly White Majority neighborhood with a high median income. As of 2022, the community is classified as "Low Diversity," with white residents comprising 66% of the population. The neighborhood has experienced a significant increase in its Asian population over the past decade. Chancellor's Ridge is known for its upscale residential areas and proximity to the Research Triangle Park, which likely contributes to its high median income.
Over the past decade, Chancellor's Ridge has maintained its status as a White Majority community, but with notable fluctuations. In 2013, the neighborhood was categorized as "Low Diversity" with 70% white population. From 2014 to 2019, it shifted towards "Moderate Diversity" as the white population decreased to around 64-73%, with increased representation from Asian and Black residents. A significant change occurred in 2020, with the Asian population increasing to 26%, nearly doubling from previous years. This shift pushed the neighborhood back towards "Moderate Diversity," although it still maintained a White Majority.
By 2022, the community settled into a more stable demographic distribution, with 66% white and 21% Asian residents, returning to the "Low Diversity" category but with a more substantial Asian presence. The Hispanic and multiracial populations have remained relatively stable and low throughout the decade, not significantly impacting the overall diversity categorization.
The median income in Chancellor's Ridge has shown considerable fluctuation over the years, generally remaining well above the national average. There appears to be a correlation between the increase in Asian population and changes in median income. For instance, the surge in Asian residents from 2019 to 2020 (10% to 26%) coincided with a slight increase in median income from $133,547 to $135,893. The highest median income was recorded in 2021 at $166,079, corresponding with the period of highest Asian representation (23%).
The demographic shifts in Chancellor's Ridge, particularly the increase in Asian population, align with broader trends seen in tech-centric areas across the United States. Similar patterns have been observed in regions like Silicon Valley and other research hubs, where Asian professionals, often working in STEM fields, have become a significant demographic. The neighborhood's consistently high median income, ranging from $121,020 to $166,079 over the past decade, places it well above the national median household income, which was around $67,521 in 2020.
The relative stability of the white majority, despite increases in Asian population, indicates that Chancellor's Ridge has experienced demographic change without dramatic shifts in its overall character. This gradual change suggests a community that is slowly diversifying while maintaining its established socioeconomic status.