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Demographics
Population
Median Income
Racial Distributions
Asheboro, North Carolina, as of 2022, is classified as a "White Majority" community with moderate diversity. The white population constitutes 65% of the total, while Hispanic residents represent 23%. The city's median income in 2022 is $46,104, and the population has grown to 50,283 residents.
Over the past decade, Asheboro has been transitioning from a "Low Diversity" community towards a more diverse demographic composition. In 2013, the white population was 70% of the total, decreasing to 65% by 2022. The Hispanic population increased from 19% in 2013 to 23% in 2022. Small increases in the Black and multiracial populations were also observed.
The median income in Asheboro has shown overall growth, increasing from $42,020 in 2013 to $46,104 in 2022. This growth has not been steady, with some fluctuations observed. A significant increase in median income occurred between 2018 and 2019, rising from $44,449 to $47,744, followed by a slight decline in subsequent years.
The demographic changes in Asheboro reflect broader national trends of increasing diversity, particularly in terms of Hispanic population growth. However, the city remains less diverse than many urban areas in the United States, maintaining a stronger white majority than the national average.
Based on observed trends, Asheboro is likely to continue its transition towards greater diversity over the next decade. The Hispanic population is expected to continue growing, potentially reaching or exceeding 25% of the total population. The white majority is likely to further decrease, possibly approaching the 60% mark.
If these trends persist, Asheboro may transition from a "White Majority" community to a "Moderate Diversity" category within the next 5-10 years. There is a possibility of the city eventually becoming a "Majority-Minority" community if the combined minority populations continue to grow at their current rate.
Economically, if the correlation between increasing diversity and rising median income continues, further modest growth in the city's economic indicators might be expected. However, this growth may be tempered by the challenges of integrating a more diverse population and any broader economic factors affecting the region or nation.
Asheboro is undergoing a gradual but significant demographic transformation, moving towards greater diversity while experiencing moderate economic growth. This transition presents both opportunities and challenges for the community as it adapts to its changing social and economic landscape.