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Demographic and Racial Trends in The Village: A Neighborhood Study
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Village, a neighborhood in Winston-Salem, North Carolina, exhibits characteristics of a Moderate Diversity community with a Black Plurality. As of 2022, the neighborhood has a population of 2,050 and a median income of $32,085. The Village's proximity to Wake Forest University likely influences its demographic makeup and economic dynamics.
Over the past decade, The Village has undergone significant demographic changes. In 2013, the neighborhood had Moderate Diversity with a Black Plurality (37% Black, 28% White, 19% Hispanic). By 2019, it shifted to a Racial Majority with Black residents comprising 52% of the population. This trend reversed in recent years, returning to a Moderate Diversity status by 2022, with Black (38%), White (37%), and Hispanic (16%) populations representing significant portions of the community.
The Asian population has fluctuated, peaking at 13% in 2013 and 2021, but generally remaining a smaller yet significant minority group. The neighborhood has consistently maintained a multi-ethnic character throughout the observed period.
The median income in The Village has shown an overall upward trend, rising from $26,842 in 2013 to $32,085 in 2022, an increase of about 19.5%. This economic improvement coincides with shifts in racial composition, particularly the growth in the White population percentage from 28% in 2013 to 37% in 2022.
The period of highest median income ($34,204 in 2021) corresponded with the highest percentage of White residents (38%) and the lowest percentage of Black residents (27%) in the observed timeframe. This suggests a potential correlation between racial composition shifts and economic changes in the neighborhood.
The population of The Village has decreased overall, from 3,053 in 2010 to 2,050 in 2022, a decline of about 32.9%. This population decrease, coupled with the income increase, might indicate a gentrification process or changing housing dynamics in the area.
The demographic shifts in The Village reflect broader national trends of increasing diversity in urban areas. The economic improvement in The Village still leaves the neighborhood below the national median household income (which was around $70,784 in 2021).
The declining population amid rising incomes could indicate a trend of smaller, more affluent households moving into the area, possibly related to university expansion or urban renewal efforts in Winston-Salem. This pattern is seen in many university-adjacent neighborhoods across the United States.
In conclusion, The Village demonstrates a dynamic demographic landscape, oscillating between Moderate Diversity and periods of Black Majority over the past decade. These shifts, coupled with overall economic improvement but declining population, indicate a neighborhood in transition, likely influenced by its proximity to Wake Forest University and broader urban development trends in Winston-Salem.
