The demographic shifts in Charlotte Park correlate with a steady increase in median income. As the white population percentage increased from 57% in 2013 to 68% in 2022, the median income rose by about 38%, from $44,982 to $61,964. This correlation suggests potential gentrification or increased attractiveness to higher-income white residents.

The population peaked in 2018 at 8,784 residents but declined to 7,599 in 2022. This population decrease, coupled with rising incomes and increasing white majority, could indicate a trend of larger, more affluent households replacing smaller, potentially more diverse households.

The trends observed in Charlotte Park mirror broader national patterns of urban gentrification seen in many U.S. cities over the past decade. The increasing median income and shifting racial demographics are consistent with patterns observed in neighborhoods experiencing economic uplift and demographic change.

Charlotte Park's maintained "White Majority" status contrasts with many urban areas trending towards "Majority-Minority" or "High Diversity" categories. This could suggest that Charlotte Park is at an earlier stage of urban demographic transition or that local factors, such as its proximity to the airport, are influencing its unique demographic trajectory.

The economic growth in Charlotte Park outpaces the national average, with its 38% increase in median income over a decade surpassing the U.S. average growth rate. This above-average economic performance, combined with its demographic shifts, positions Charlotte Park as a neighborhood potentially attractive to investors and higher-income residents, which could further reinforce the observed trends in the coming years.