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Demographics
Population
Median Income
Racial Distributions
Swink Acres, a neighborhood in Winston-Salem, North Carolina, exhibits a White Majority demographic composition with a median household income of $52,323 as of 2022. The neighborhood has maintained a relatively stable population of around 300 residents over the past decade, with a slight decline in recent years. Swink Acres is known for its historic charm, featuring a mix of older homes and more recent developments.
Over the past decade, Swink Acres has undergone subtle demographic changes. In 2013, the neighborhood was categorized as a White Majority community, with 61% of the population identifying as white. This classification has persisted throughout the decade, although with some fluctuations. The most significant shift occurred in 2017 when the white population peaked at 72%, briefly pushing the neighborhood towards a Low Diversity category. However, this trend did not persist, and by 2022, the white population had decreased to 63%, maintaining the White Majority status but showing signs of increasing diversity.
The Black population has shown the most variability, ranging from a high of 37% in 2016 to a low of 19% in 2021, before settling at 28% in 2022. This fluctuation suggests a dynamic community with changing racial compositions, albeit within the confines of a White Majority classification. The Hispanic population has remained relatively stable, hovering between 3% and 7% throughout the decade. Other racial groups, including Asian, Native American, and Pacific Islander, have consistently shown minimal representation in the neighborhood.
The median household income in Swink Acres has experienced significant fluctuations over the past decade. From 2013 to 2016, there was a decline in median income from $54,613 to $42,019, a drop of nearly 23%. This period coincided with an increase in the Black population percentage, peaking in 2016. From 2016 onwards, the median income showed a general upward trend, reaching $55,858 in 2021 before slightly decreasing to $52,323 in 2022. This economic recovery period aligned with an increase in the white population percentage and a decrease in the Black population percentage.
The population of Swink Acres has remained relatively stable over the decade, with minor fluctuations. However, there has been a decline from 375 residents in 2016 to 278 in 2022, which could indicate changing neighborhood dynamics or housing availability issues.
The demographic trends in Swink Acres reflect broader national patterns of slowly increasing diversity in suburban neighborhoods. However, the neighborhood's persistent White Majority status contrasts with the increasing diversity seen in many urban areas across the United States. The economic fluctuations observed in Swink Acres, particularly the sharp decline and subsequent recovery in median income, may be indicative of broader economic trends affecting mid-sized cities in the Southeast. The recovery in median income since 2016 aligns with the general economic growth experienced across the U.S. in the years leading up to the COVID-19 pandemic.
While Swink Acres has maintained its White Majority status over the past decade, subtle shifts in demographics and more pronounced changes in economic indicators suggest a neighborhood in transition. These changes reflect both local dynamics and broader national trends, highlighting the complex interplay between racial composition and economic factors in shaping community characteristics.