The Freret neighborhood in New Orleans, Louisiana, exhibits a complex demographic landscape as of 2022. It is classified as a "Black Majority" community, with 56% of the population identifying as Black. The neighborhood has undergone significant changes over the past decade, showing signs of increasing diversity and economic fluctuation. Freret is known for its revitalized commercial corridor, which has become a hub for local businesses and restaurants, contributing to the neighborhood's evolving character.

From 2013 to 2022, Freret experienced a notable transformation in its racial composition. In 2013, Freret was firmly in the "Black Majority" category with 73% Black population. By 2018, it had shifted to "Moderate Diversity" with Black population at 45% and White population at 37%. As of 2022, it has returned to "Black Majority" status, but with a more balanced distribution (56% Black, 34% White). The Hispanic population grew from 3% in 2013 to 10% in 2018, before settling at 4% in 2022. The percentage of residents identifying as two or more races increased from 1% to 3-4% over the decade.

The median income in Freret has shown significant volatility over the past decade. From $36,142 in 2013 to $44,795 in 2022, representing a 24% increase. Peak median income of $59,592 was reached in 2018, coinciding with the period of highest racial diversity. There was a sharp decline from $58,387 in 2019 to $45,803 in 2020, likely influenced by the COVID-19 pandemic. This was followed by a partial recovery to $57,043 in 2021, and another decline in 2022. The correlation between demographic shifts and economic trends is notable. The period of highest diversity (2017-2019) coincided with the highest median incomes, suggesting that increased diversity may have been linked to economic growth in the neighborhood.