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Demographics
Population
Median Income
Racial Distributions
Edgewood Farms, a neighborhood in Winston-Salem, North Carolina, currently presents a demographic profile categorized as a "White Majority" community, with 71% of its population identifying as white in 2022. The neighborhood has experienced fluctuations in its racial composition and economic status over the past decade. Edgewood Farms has seen an increase in population since 2010, growing from 922 residents to 1,449 in 2022, suggesting it may be an area of urban expansion or redevelopment within Winston-Salem.
Over the past decade, Edgewood Farms has undergone several transitions in its racial composition. In 2013-2015, the neighborhood exhibited "Moderate Diversity," with significant representation from white, black, and Asian populations. From 2016 onwards, there was a shift towards a "White Majority" status. Between 2013 and 2016, the community showed signs of "High Diversity," with three racial groups each representing over 10% of the population. From 2017 to 2022, the white population consistently represented over 60% of residents, solidifying the neighborhood's status as a "White Majority" area.
The economic trajectory of Edgewood Farms shows correlations with its demographic shifts. The period of highest diversity (2013-2015) coincided with an increase in median income, rising from $50,638 in 2013 to $57,305 in 2014. As the neighborhood transitioned to a more pronounced White Majority from 2016 onwards, median income experienced volatility. It dropped to $46,911 in 2016 but then rose to $64,772 in 2018. Despite the stabilization of the White Majority, the neighborhood has seen a recent decline in median income, dropping from $63,397 in 2021 to $46,110 in 2022.
The initial increase in diversity followed by a shift to a White Majority could reflect broader urban trends of initial gentrification followed by more established affluent communities. The significant fluctuations in median income, especially the recent sharp decline, may indicate that Edgewood Farms is sensitive to economic shifts. The substantial increase in population (57% growth from 2010 to 2022) suggests that Edgewood Farms may be part of a broader trend of suburban expansion or urban redevelopment in Winston-Salem.
Edgewood Farms has evolved from a moderately diverse community to a predominantly White Majority neighborhood over the past decade. This demographic shift has been accompanied by economic fluctuations, with recent trends suggesting potential challenges. The neighborhood's rapid population growth amidst these changes indicates a dynamic and evolving community within Winston-Salem's urban landscape.