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Demographics
Population
Median Income
Racial Distributions
The Coliseum Drive neighborhood in Charlotte, North Carolina, currently exhibits a White Majority demographic composition, with 60% of the population identifying as white in 2022. The area has a median income of $44,177 as of 2022. The neighborhood is home to the Bojangles Coliseum, a historic multi-purpose arena that has been a landmark in Charlotte since 1955.
Over the past decade, Coliseum Drive has undergone significant demographic changes. In 2013, the neighborhood was categorized as Moderate Diversity, with a nearly even split between white (55%) and black (36%) residents. From 2014 to 2020, the area transitioned to a White Plurality status, as the white population remained the largest group but fell below 50%. During this period, there was also a Hispanic presence, peaking at 19% in 2015.
The neighborhood briefly entered a Majority-Minority state in 2020, with the combined minority populations slightly exceeding the white population. However, by 2022, it had shifted back to a White Majority status, with the white population reaching 60%. This transition suggests a potential gentrification process or changing housing preferences in the area.
The demographic shifts correlate with a steady increase in median income. From 2013 to 2022, the median income rose from $31,996 to $44,177, a 38% increase. This economic improvement coincides with the increase in the white population percentage and a decrease in minority populations, particularly black and Hispanic residents.
The population has fluctuated over the years, peaking at 540 in 2015 and then generally declining to 366 in 2022. This population decrease, combined with rising incomes and changing demographics, could indicate a shift in housing affordability or urban development patterns that may be displacing some lower-income residents.
The demographic changes in Coliseum Drive reflect broader trends seen in many urban areas across the United States. The pattern of increasing white population percentages and rising median incomes is often associated with gentrification processes in historically diverse or minority-majority neighborhoods.
Charlotte, as a whole, has been experiencing rapid growth and development in recent years, which could be influencing these neighborhood-level changes. The city has been attracting new residents and businesses, potentially leading to shifts in neighborhood compositions across the metropolitan area.
The median household income for Charlotte overall was approximately $62,817 in 2020, significantly higher than that of Coliseum Drive. This suggests that while the neighborhood has seen economic improvement, it still lags behind the city average, indicating potential for further economic development or gentrification in the future.
In conclusion, the Coliseum Drive neighborhood has transitioned from a moderately diverse area to a white-majority community over the past decade, accompanied by steady economic growth. These changes reflect broader urban demographic shifts and may have implications for community dynamics, housing affordability, and local economic opportunities in the coming years.