Happy Hill, a neighborhood in Winston-Salem, North Carolina, is characterized as a Black Majority community with moderate economic challenges. As of 2022, the neighborhood has a population of 536 and a median income of $21,115. This area is historically significant as one of the oldest African American communities in Winston-Salem, established by freed slaves in the 1870s.

Over the past decade, Happy Hill has consistently maintained its status as a Black Majority community. However, there have been subtle shifts in its demographic composition. From 2013 to 2022, the Black population remained the dominant group, ranging from 54% to 81% of the total population. The peak of this majority was observed in 2020 at 81%. There is a noticeable trend of increasing white population, from 6% in 2013 to 20% in 2022, suggesting a gradual shift towards greater diversity. The Hispanic population has fluctuated between 4% and 8% over the years, with the highest percentage recorded in 2022. From 2017 onwards, a small but consistent Native American population (2-3%) emerged, adding to the neighborhood's diversity.

The economic landscape of Happy Hill has shown significant improvement over the past decade. Median income has more than doubled from $10,427 in 2013 to $21,115 in 2022, indicating substantial economic progress. The increase in income appears to correlate with the gradual increase in diversity, particularly the growth in the white population percentage. Despite the economic improvements, the population has fluctuated, peaking at 974 in 2013 and dropping to 536 in 2022. This could suggest gentrification pressures or other factors influencing resident displacement.