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Demographics
Population
Median Income
Racial Distributions
Gibson Village in Concord, North Carolina, has experienced a significant demographic transition over the past decade. The neighborhood has shifted from a majority-minority community to a white majority area. As of 2022, Gibson Village has a population of 3,188 and a median income of $37,710.
In 2013, Gibson Village was categorized as a majority-minority community, with whites comprising 43% of the population and Hispanic residents constituting 38%. The neighborhood maintained this status through 2019, gradually shifting towards a moderate diversity classification as the Hispanic population decreased and the Black population increased.
A notable transition occurred between 2020 and 2022. The community shifted from moderate diversity to a white majority status, with the white population increasing from 36% in 2020 to 58% in 2022. This represents a significant demographic change in a short period.
The median income in Gibson Village has shown overall growth, increasing from $29,339 in 2013 to $37,710 in 2022, representing a 28.5% growth over the decade. This growth was not linear, with notable peaks in 2018 ($43,369) and 2021 ($45,884). The shift towards a white majority coincided with a slight decrease in median income from 2021 to 2022.
The population of Gibson Village has decreased over the decade, from 4,067 in 2013 to 3,188 in 2022, a decline of about 21.6%. This population decrease, coupled with the demographic shift, might indicate a process of neighborhood change.
The demographic shift observed in Gibson Village runs counter to many national trends, where increasing diversity is more common than transitions to white majority status. The income growth in Gibson Village, while positive, has not kept pace with national trends. The U.S. median household income grew from $52,250 in 2013 to $70,784 in 2021, an increase of about 35.5%.
Gibson Village has undergone a significant demographic transition over the past decade, shifting from a majority-minority community to a white majority area. This change has been accompanied by moderate income growth and a notable population decrease. These trends suggest a complex interplay of factors influencing the neighborhood's composition and economic status.