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Demographics
Population
Median Income
Racial Distributions
Downtown Charlotte, North Carolina, represents a case study in urban demographic change. As of 2022, this neighborhood is classified as a "White Majority" community, with 64% of the population identifying as white. The area has a median income of $99,510 and a population of 6,656 in 2022. Downtown Charlotte has experienced significant growth over the past decade and is known for its business district, housing several Fortune 500 company headquarters.
Over the past decade, Downtown Charlotte has undergone a transition in its racial composition. In 2013, the neighborhood was categorized as having "Low Diversity," with the white population at 66%, Black at 22%, and Asian at 5%. By 2022, the area had evolved into a "Moderate Diversity" category, with increased representation from Hispanic (10%), Asian (7%), and Black (14%) populations.
The Hispanic population grew from 4% in 2013 to 12% in 2021, before decreasing to 10% in 2022. The Asian population increased from 5% to 7% over the decade. The Black population declined from 22% in 2013 to 14% in 2022. These changes indicate that Downtown Charlotte is becoming a "Transitional Community," with increasing diversity and shifting racial dynamics.
The demographic shifts in Downtown Charlotte correlate with changes in median income and population growth. The median income increased from $95,548 in 2013 to $99,510 in 2022, peaking at $108,062 in 2016. This increase coincides with the growing diversity of the area. The population of Downtown Charlotte grew from 2,497 in 2013 to 6,656 in 2022, more than doubling in size.
The trends observed in Downtown Charlotte align with patterns seen in many urban centers across the United States. Many downtown areas have experienced revitalization and population growth in recent years, often accompanied by increasing diversity and rising income levels. The growth in the Hispanic population in Downtown Charlotte (from 4% to 10% over a decade) outpaces the national trend. According to U.S. Census data, the Hispanic population grew from 16.3% to 18.7% of the total U.S. population between 2010 and 2020.
Downtown Charlotte exemplifies a "Transitional Community" moving towards greater diversity while maintaining a strong economic profile. The area's evolution reflects broader urban trends but also showcases unique aspects of Charlotte's growth and development.