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Demographic Composition and Racial Trends in Park Walk, Charlotte
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Park Walk, a neighborhood in Charlotte, North Carolina, exhibits Low Diversity characteristics with a white majority of 82% as of 2022. The neighborhood has 217 residents and a median income of $79,105 in 2022. Park Walk features tree-lined streets and is close to local parks.
Over the past decade, Park Walk has maintained its Low Diversity status with a White Majority. In 2013, the neighborhood was 87% white. By 2022, the white population decreased to 82%, indicating a slow trend towards increased racial diversity. The Black population increased from 5% in 2013 to 12% in 2022.
The demographic shifts in Park Walk have occurred alongside economic changes. Median income increased from $70,082 in 2013 to $79,105 in 2022, a 12.9% increase. There was a spike in median income to $91,366 in 2021, followed by a decrease in 2022. The population has remained relatively stable, fluctuating between 209 and 242 residents over the decade.
Park Walk remains less diverse than Charlotte as a whole. Charlotte is categorized as a Majority-Minority city in recent years. The economic growth in Park Walk aligns with broader trends in Charlotte, which has seen significant economic development and population growth over the past decade.
The gradual increase in diversity in Park Walk may reflect broader national trends of increasing diversity in suburban neighborhoods. The economic growth in the neighborhood, particularly the sharp increase in median income in 2021, could indicate changing resident profiles or improvements in local economic conditions.
Park Walk remains a predominantly white, Low Diversity neighborhood, but shows signs of gradual demographic change coupled with economic growth. These trends suggest that the neighborhood is slowly evolving, potentially moving towards increased diversity while maintaining its economic appeal within the Charlotte metropolitan area.
