The Federal Street neighborhood in Salem, Massachusetts, has undergone significant demographic changes from 2013 to 2022. Initially categorized as a Low Diversity area with a White Majority of 89% in 2013, the neighborhood has transitioned towards Moderate Diversity by 2022. The white population decreased to 80% over this period, while other racial groups increased their representation.

The Hispanic population grew from 4% to 11%, and those identifying as Two or More Races increased from 2% to 5%. The Black population saw a modest increase from 1% to 3%, while the Asian population remained relatively stable between 1-3%. These changes suggest that Federal Street is becoming a Transitional Community with increasing racial diversity.

Concurrent with these demographic shifts, the neighborhood experienced economic changes. The median income decreased from $81,198 in 2013 to $58,322 in 2022, representing a 28% decline. This trend occurred alongside increasing diversity, potentially indicating greater accessibility to a wider range of socioeconomic groups.