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Demographics
Population
Median Income
Racial Distributions
Sterling, a neighborhood in Charlotte, North Carolina, exhibits Moderate Diversity with a changing racial composition as of 2022. The community's population is 35% white, 31% Black, and 24% Hispanic. Sterling has experienced significant economic growth, with median income increasing from $41,616 in 2013 to $77,730 in 2022, indicating rapid gentrification. The neighborhood is characterized by a mix of older homes and new developments, reflecting its changing demographics and economic status.
Over the past decade, Sterling has transformed from a Black Majority community to one of Moderate Diversity. In 2013, the neighborhood was categorized as Black Majority, with 45% of the population identifying as Black. By 2022, this percentage decreased to 31%, while the white population increased from 28% to 35%. This shift can be attributed to gentrification, urban development, and transitional community characteristics, as evidenced by the increase in residents identifying as two or more races from 2% to 6%.
The median income in Sterling has nearly doubled from $41,616 in 2013 to $77,730 in 2022. This economic growth correlates with the demographic shifts. As the neighborhood transitioned from Black Majority to Moderate Diversity, median income rose consistently. The influx of white residents coincides with significant increases in median income, particularly from 2020 to 2022. The Hispanic population has remained relatively stable in the 22-26% range, suggesting this community has maintained its presence despite rising costs.
Population growth has been steady but not dramatic, increasing from 4,481 in 2013 to 5,898 in 2022. This moderate growth, coupled with significant income increases, suggests the neighborhood is becoming more desirable and potentially more expensive, which could be driving the demographic changes.
Sterling's transformation reflects broader trends seen in many urban areas across the United States. Gentrification of historically Black neighborhoods is a common phenomenon in growing cities like Charlotte. The increase in racial diversity, particularly the growth of the Hispanic population and those identifying as two or more races, aligns with national demographic trends. The rapid income growth outpaces national averages, suggesting that Sterling may be experiencing more intense gentrification than many other urban neighborhoods.
Sterling exemplifies a Transitional Community, moving from a Black Majority to Moderate Diversity over the past decade. This shift has been accompanied by significant economic growth, likely changing the character and affordability of the neighborhood. As Sterling continues to evolve, it will be crucial to monitor how these changes affect long-term residents and community cohesion, and whether policies can be implemented to maintain diversity and affordability in the face of rapid economic growth.