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Demographic Evolution in Edgewater, Norfolk: From White Majority to Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Edgewater, a neighborhood in Norfolk, Virginia, currently exhibits characteristics of a "White Majority" community with moderate diversity. As of 2022, the white population comprises 73% of residents, while other racial groups, particularly Hispanic and Black populations, have a significant presence. The neighborhood has experienced notable demographic shifts over the past decade, alongside fluctuations in median income. Edgewater is known for its proximity to water, which likely influences its real estate values and community character.
Demographic Shifts: 1. Racial Composition: In 2013, Edgewater was categorized as a "Low Diversity" area with a strong "White Majority" (85%). Over the decade, it has transitioned towards "Moderate Diversity," with the white population decreasing to 73% by 2022.
2. Increasing Diversity: The Hispanic population saw the most significant growth, rising from 3% in 2013 to 13% in 2022. This trend suggests Edgewater is becoming a "Transitional Community" with respect to its Hispanic population.
3. Black Population: There was a modest increase in the Black population, from 5% in 2013 to 8% in 2022, contributing to the overall diversification.
4. Multiracial Identification: The percentage of residents identifying as two or more races increased from 3% to 4%, further indicating a trend towards greater diversity.
Economic Trends: 1. Income Growth: The median income in Edgewater has shown substantial growth, rising from $84,767 in 2013 to $102,004 in 2022, an increase of about 20% over the decade.
2. Income Fluctuations: Despite the overall upward trend, there were notable fluctuations, with a dip to $80,385 in 2016 before a strong recovery and peak of $105,265 in 2021.
3. Population Dynamics: The population grew from 4,919 in 2013 to a peak of 5,267 in 2015, but has since declined to 4,821 in 2022. This could suggest changing housing preferences or economic factors influencing residency.
Context and Comparison: 1. Diversity Trends: The increasing diversity in Edgewater aligns with national trends of growing diversity in suburban areas, particularly the growth in Hispanic populations.
2. Income Levels: With a median income of $102,004 in 2022, Edgewater stands significantly above the national median household income (approximately $70,784 in 2021), indicating it is an affluent neighborhood.
3. Population Decline: The recent population decline in Edgewater contrasts with the general trend of urban population growth seen in many U.S. cities, suggesting local factors may be at play.
Edgewater has undergone a significant demographic transformation over the past decade, transitioning from a low-diversity, predominantly white community to one with increasing racial diversity, particularly among Hispanic residents. This shift towards becoming a "Transitional Community" has occurred alongside substantial economic growth, as evidenced by rising median incomes. However, the recent population decline presents an interesting counterpoint to the economic prosperity, potentially indicating changing neighborhood dynamics or broader urban trends affecting residential choices in the area.
