Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Double Oaks, a neighborhood in Charlotte, North Carolina, is a Black Majority community with a median income of $50,250 as of 2022. The area has transitioned from a Low Diversity to a Moderate Diversity neighborhood over the past decade. The population of Double Oaks increased from 1,029 residents in 2010 to 2,226 in 2022.
In 2013, Double Oaks was categorized as a Low Diversity neighborhood with a Black Majority of 90%. By 2022, the community shifted to a Moderate Diversity classification while maintaining a Black Majority at 66%. The white population increased from 2% to 21%, the Asian population from 0% to 5%, and the Hispanic population from 0% to 4%.
The demographic changes in Double Oaks correlate with economic improvements. The median income increased from $16,906 in 2013 to $50,250 in 2022, a nearly 200% increase. The sharpest increase in median income occurred between 2017 and 2018, coinciding with a notable increase in racial diversity.
The white population percentage saw significant increases during periods of substantial income growth. Despite the influx of other racial groups, the Black population has maintained a majority, indicating a degree of community stability amidst change.
The trends observed in Double Oaks mirror patterns seen in many urban areas across the United States. Inner-city neighborhoods experiencing revitalization often see increases in diversity and median income. The rapid population growth of over 100% in a decade is unusually high, suggesting targeted development efforts.
Double Oaks represents a Transitional Community, evolving from Low Diversity to Moderate Diversity while experiencing substantial economic growth. This transformation reflects broader urban renewal trends but also presents unique characteristics in terms of population growth and maintained racial majority. The neighborhood's evolution offers insights into the interplay between demographic changes, economic development, and community dynamics in urban settings.