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Demographics
Population
Median Income
Racial Distributions
Atwood Acres, a neighborhood in Winston-Salem, North Carolina, exhibits a demographic profile categorized as "Moderate Diversity" as of 2022. The neighborhood has a white majority of 61%, with Asian and Black populations at 15% and 19% respectively. The median income in Atwood Acres reached $72,092 in 2022, showing a significant increase over the past decade. This neighborhood has experienced notable demographic shifts in recent years.
Over the past decade, Atwood Acres has transitioned from a predominantly Black neighborhood to one with a white majority, exemplifying a "Transitional Community." In 2013, the neighborhood had a "Black Majority" with 56% of the population. By 2017, it shifted to a "White Plurality" (49% white, 43% black), and by 2019, it became a "White Majority" community (62% white). This transition coincided with a significant increase in the Asian population, rising from 1% in 2013 to 15% in 2022. These changes have moved the neighborhood from low diversity to moderate diversity over the decade.
The demographic shifts in Atwood Acres correlate with changes in median income. As the neighborhood transitioned from a Black majority to a White majority, the median income increased substantially. In 2013, the median income was $61,691. It decreased to $38,070 in 2017 during the period of greatest racial transition, but then increased to $72,092 by 2022 as the new demographic composition stabilized. This pattern suggests that the neighborhood may have undergone a process of gentrification, with higher-income residents, particularly white and Asian, moving into the area and potentially displacing lower-income, predominantly Black residents.
The demographic shifts in Atwood Acres reflect broader trends observed in many urban areas across the United States, where historically Black neighborhoods are experiencing an influx of white and Asian residents, often accompanied by rising property values and incomes. This process, commonly associated with gentrification, can bring both positive changes (increased investment, improved services) and challenges (displacement of long-time residents, loss of cultural identity). The rapid increase in the Asian population (from 1% to 15% in a decade) is noteworthy and may reflect broader trends of Asian immigration or internal migration to growing tech or education hubs in the region.
The economic trajectory of Atwood Acres, with its sharp increase in median income, outpaces national trends. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Atwood Acres saw an increase of nearly 17% in the same period, suggesting a more dramatic economic transformation than the national average.
Atwood Acres presents an example of a neighborhood in transition, moving from a predominantly Black, lower-income area to a more diverse, higher-income community. This transition brings complex social and economic implications that merit further study and consideration by local policymakers to ensure equitable development and community preservation.