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Demographics
Population
Median Income
Racial Distributions
Wellsgate, located in Bartlett, Tennessee, has experienced significant demographic changes from 2013 to 2022. The neighborhood transitioned from a "White Majority" to a "Moderate Diversity" classification. In 2022, Wellsgate had a white plurality of 46% and a Black population of 41%. The median income in 2022 was $94,348, indicating an affluent community. Wellsgate is known for its suburban atmosphere and proximity to Memphis.
Over the past decade, Wellsgate's racial composition has undergone notable changes. In 2013, the neighborhood had a "White Majority" with 57% of the population identifying as white. By 2020, it had become a "Majority-Minority" community, with the white population decreasing to 36% and the Black population increasing to 51%. In 2022, the neighborhood returned to a "Moderate Diversity" classification with a more balanced distribution between white and Black residents.
The most significant change occurred between 2019 and 2020, with a sharp increase in the Black population and a decrease in the white population. This rapid shift could be attributed to factors such as changes in housing policies, economic opportunities, or broader societal trends affecting suburban migration patterns.
The median income in Wellsgate has shown volatility over the years, peaking at $109,542 in 2017 before declining. The period of highest income coincided with a more balanced racial distribution. The subsequent decline in median income to $94,348 in 2022 occurred alongside the shift towards greater racial balance, indicating that factors beyond racial composition are influencing economic conditions.
Wellsgate's population has remained relatively stable over the decade, fluctuating between 300-400 residents. This stability in population size, coupled with changing racial demographics, suggests that the shifts are more likely due to existing residents moving out and new residents moving in, rather than significant new development or population growth.
The demographic shifts observed in Wellsgate reflect broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar transitions from predominantly white communities to more diverse neighborhoods over the past two decades. This trend is often attributed to factors such as changing housing preferences, increased mobility among minority populations, and the search for better educational opportunities.
The economic fluctuations in Wellsgate may be part of a larger pattern affecting many suburban communities nationwide. Factors such as the aftermath of the 2008 financial crisis, changing job markets, and the economic impacts of the COVID-19 pandemic could contribute to these income variations.
Wellsgate's evolution from a "White Majority" to a "Moderate Diversity" neighborhood over the past decade exemplifies the dynamic nature of suburban demographics in the United States. While the community has maintained its overall affluence, the interplay between racial composition changes and economic fluctuations presents a complex picture of suburban transformation. This shift towards greater diversity, coupled with economic challenges, may require community leaders to adapt their approaches to ensure continued prosperity and social cohesion in Wellsgate.