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Demographics
Population
Median Income
Racial Distributions
East Fairmount, a neighborhood in Norfolk, Virginia, is classified as a "Black Majority" community with a moderate level of diversity. As of 2022, the neighborhood has a population of 702 residents and a median income of $47,545. East Fairmount has undergone significant demographic and economic changes over the past decade.
From 2013 to 2022, East Fairmount has maintained its status as a "Black Majority" community, with the Black population consistently exceeding 50% of the total. The Black population percentage has fluctuated, reaching a high of 61% in 2013 and a low of 48% in 2014, before stabilizing around 53% in recent years. The White population has declined from 29% in 2013 to 27% in 2022. The Hispanic population has increased from 3% in 2013 to 10% in 2022. The percentage of residents identifying as two or more races has increased from 6% in 2013 to 10% in 2022.
The neighborhood has experienced substantial economic growth over the past decade. Median income has increased from $37,289 in 2013 to $47,545 in 2022, representing a 27.5% increase. There was a spike in median income to $66,123 in 2021, followed by a decline in 2022. The population has grown from 452 in 2013 to 702 in 2022, a 55.3% increase. The economic growth appears to correlate with the increasing diversity of the neighborhood.
The trend of increasing diversity in East Fairmount aligns with broader national trends of growing multiracial and Hispanic populations in urban areas. The income growth in East Fairmount (27.5% over a decade) outpaces the national average income growth. The population growth of 55.3% over a decade is notably high.
East Fairmount exemplifies a "Transitional Community," moving from a predominantly Black neighborhood towards a more diverse and economically prosperous area. This transition appears to be driven by an influx of Hispanic and multiracial residents, coinciding with significant economic growth. These changes likely reflect broader urban demographic shifts and may be indicative of ongoing gentrification processes in Norfolk.