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Demographics
Population
Median Income
Racial Distributions
Parkview, a neighborhood in Winston-Salem, North Carolina, exhibits a demographic profile characterized as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The population of 5,354 is composed of diverse racial groups, with no single group forming a majority. The Black community represents the largest group at 38%, followed by White residents at 27% and Hispanic residents at 24%. The neighborhood also includes a growing Asian population and an increasing number of residents identifying as two or more races. Economically, Parkview's median income stood at $44,746 in 2022, indicating recent economic challenges.
Over the past decade, Parkview has undergone significant demographic changes. In 2013, the neighborhood was categorized as having a "Black Plurality" with moderate diversity. By 2022, it evolved into a more diverse "Majority-Minority" community. The Black population decreased from 42% to 38%, while the Hispanic population grew from 22% to 24%. The White population declined from 31% to 27%. The Asian population increased from 1% to 5%, and those identifying as two or more races grew from 3% to 6%. These shifts suggest Parkview is becoming a "Transitional Community" with increasing representation from various racial groups.
The economic landscape of Parkview has been volatile over the past decade. The median income peaked in 2021 at $59,451 but declined to $44,746 in 2022. This downturn may correlate with the continued diversification of the neighborhood, potentially indicating challenges in economic integration for newer residents or overall economic pressures affecting the community. The years of highest diversity (2018-2022) have also seen significant fluctuations in median income, suggesting economic adjustments as new demographic groups establish themselves within the community.
The trends observed in Parkview reflect broader national patterns of increasing diversity in urban neighborhoods. Many cities across the United States are experiencing similar transitions, with growing Hispanic and Asian populations and increases in multiracial identifications. The sharp economic fluctuations seen in Parkview may be more pronounced than national averages, potentially indicating local economic factors at play.
The population growth from 3,637 in 2010 to 5,354 in 2022 represents an increase of about 47%, which is higher than the national average population growth rate. This rapid growth could be contributing to both the increased diversity and the economic volatility as the neighborhood adapts to its changing composition.
Parkview exemplifies a neighborhood in transition, moving towards greater diversity while grappling with economic challenges. The coming years will be crucial in determining whether this increased diversity leads to long-term economic stability and growth or if additional support and resources may be needed to ensure equitable outcomes for all residents in this evolving community.