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Demographic Shifts and Racial Composition in Carolando Neighborhood, Concord, North Carolina
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Carolando neighborhood in Concord, North Carolina, is classified as a "White Majority" community with moderate diversity as of 2022. The neighborhood has a population of 5,574 and a median income of $67,895. Carolando is known for its historic charm, featuring well-preserved early 20th-century homes.
Over the past decade, Carolando has transitioned from a "Low Diversity" community to one with "Moderate Diversity." In 2013, the neighborhood was categorized as "White Majority" with 86% of the population identifying as white. By 2022, the white population decreased to 70%, while other racial groups increased. The Black population increased from 9% in 2013 to 18% in 2022. The Hispanic population grew from 4% in 2013 to 7% in 2022. A small Asian population emerged, reaching 1% by 2022. Residents identifying as two or more races increased from 0% in 2013 to 4% in 2022.
The demographic changes in Carolando have coincided with economic shifts. The median income decreased from $85,879 in 2013 to $67,895 in 2022, a drop of about 21%. This decline correlates with the increasing diversity of the neighborhood. Despite the income decrease, the population increased from 4,055 in 2013 to 5,574 in 2022, a growth of about 37%.
The trends observed in Carolando align with broader national patterns of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar demographic shifts over the past decade, often accompanied by economic changes. The decline in median income is more pronounced in Carolando than the national average, which has generally seen modest growth in suburban incomes over the same period.
The rapid population growth in Carolando, despite falling incomes, suggests that the neighborhood remains attractive to new residents. This could be due to factors such as affordable housing options, good schools, or its proximity to employment centers in the broader Concord area.
Carolando is undergoing a significant demographic and economic transition. While still maintaining a white majority, it is steadily becoming more diverse, reflecting broader national trends. The concurrent decline in median income presents challenges that community leaders and policymakers may need to address to ensure the neighborhood's long-term economic stability and quality of life for all residents.
