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Demographics
Population
Median Income
Racial Distributions
Chatham Parkway, a neighborhood in Savannah, Georgia, exhibits Moderate Diversity with a slight lean towards a White Plurality. As of 2022, the neighborhood has a population of 6,479 and a median income of $33,914. Chatham Parkway is characterized by a mix of commercial and residential areas, including business parks and educational institutions, contributing to its diverse demographic makeup.
Over the past decade, Chatham Parkway has experienced significant demographic changes. In 2013, the neighborhood exhibited a Black Plurality, with 37% of the population identifying as Black. By 2022, the area transitioned to a more balanced racial composition, indicative of Moderate Diversity. The White population increased from 34% in 2013 to 38% in 2022, while the Black population remained at 38%.
A notable trend is the increase in the Asian population, growing from 2% in 2013 to 8% in 2022, suggesting a Transitional Community status. The Hispanic population fluctuated, peaking at 23% in 2017 but settling at 14% by 2022. These shifts indicate a trend towards increasing diversity, with multiple racial groups maintaining significant representation.
The demographic changes in Chatham Parkway correlate with fluctuations in median income. From 2013 to 2022, the median income increased from $31,572 to $33,914, with variations in between. There was a substantial increase in median income to $38,330 in 2017, coinciding with the peak in Hispanic population and a decrease in the Black population percentage. This suggests that the influx of different racial groups may have brought varied economic opportunities to the area.
The population has grown overall, increasing from 6,361 in 2013 to 6,479 in 2022, with a peak of 7,090 in 2019. This growth, coupled with the diversification of the racial makeup, implies that Chatham Parkway has become increasingly attractive for various demographic groups.
The trends observed in Chatham Parkway align with broader national patterns of increasing diversity in urban and suburban areas. Many U.S. cities have experienced similar transitions towards Moderate Diversity or Majority-Minority status over the past decade. The growth in the Asian population reflects a national trend of increased Asian immigration and internal migration to various parts of the country.
The economic fluctuations in Chatham Parkway, while showing an overall upward trend, have been more volatile than national averages. This could be attributed to the neighborhood's unique mix of commercial and residential spaces, making it more susceptible to local economic shifts and demographic changes.
Chatham Parkway's evolution over the past decade demonstrates a trend towards increased racial diversity and economic growth, albeit with some volatility. These changes reflect broader national trends while also highlighting the unique characteristics of this Savannah neighborhood. The area's transition from a Black Plurality to Moderate Diversity, coupled with economic fluctuations, indicates a dynamic community adapting to changing demographics and economic conditions.