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Demographic Evolution of Home Park: Racial Composition and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Home Park, a neighborhood in Atlanta, Georgia, currently exhibits characteristics of Moderate Diversity, with a white plurality (44%) and substantial Asian (19%) and Black (23%) populations as of 2022. The neighborhood has experienced notable demographic shifts and economic growth over the past decade. Home Park is positioned near Georgia Tech, which likely influences its demographic makeup and economic characteristics.
In 2013, Home Park could be categorized as having a White Plurality, with whites comprising 48% of the population. Over the decade, the neighborhood transitioned towards greater diversity. By 2017, it briefly touched the threshold of a White Majority at 47%, but then shifted back to a White Plurality. The Asian population saw growth, rising from 22% in 2013 to a peak of 28% in 2017, before settling at 19% in 2022. The Black population remained relatively stable, fluctuating between 16-23% throughout the period.
This evolution suggests a Transitional Community, moving from a White Plurality towards Moderate Diversity. The increasing representation of Asian residents has been a key factor in this transition. The median income in Home Park has shown growth, rising from $42,561 in 2013 to $58,900 in 2022, a 38% increase. This economic change coincides with the demographic shifts, particularly the growth in the Asian population and the maintenance of a significant white plurality.
The population has grown from 6,437 in 2013 to 8,409 in 2022, a 31% increase. This population growth, combined with the income increase, suggests a neighborhood experiencing gentrification and increased desirability. The peak in median income in 2021 at $65,632, followed by a slight decrease in 2022, could indicate a stabilization of the rapid growth or potential impacts from broader economic factors.
The demographic shifts in Home Park mirror broader trends in urban areas across the United States, where increasing diversity and Asian population growth are common, especially in neighborhoods near major universities. The significant income growth outpaces the national average, suggesting that Home Park is experiencing more rapid economic development than many other urban neighborhoods.
The maintenance of a diverse population alongside economic growth is noteworthy, as many gentrifying neighborhoods see a more dramatic shift towards a single dominant racial group. This could indicate that Home Park is maintaining some level of inclusivity while experiencing economic uplift.
Home Park presents a case study of a neighborhood in transition, moving towards greater diversity while experiencing significant economic growth. The interplay between its proximity to Georgia Tech, its increasing attractiveness to diverse populations, and its economic development create a picture of urban evolution that reflects broader trends in American cities while maintaining some unique characteristics.
