Loading Content...
Demographic Shifts in Fortune's Ridge: From Moderate to Low Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Fortune's Ridge, a neighborhood in Durham, North Carolina, has transitioned from a moderately diverse community to a low diversity area with a white majority between 2013 and 2022. The neighborhood's median income increased from $108,761 in 2013 to $112,934 in 2022, indicating its affluent status within Durham. Fortune's Ridge is located near research institutions and technology companies in the Research Triangle Park area.
In 2013, Fortune's Ridge exhibited moderate diversity with a 57% white population, 23% Black population, and 9% Asian population. By 2022, the neighborhood had become predominantly white (80%), classified as a low diversity area. This demographic shift coincided with economic changes, including fluctuations in median income and population size.
The median income in Fortune's Ridge experienced some volatility, dropping to $86,858 in 2018 before recovering to $112,934 in 2022. The population peaked at 887 residents in 2020, decreased dramatically to 536 in 2021, and slightly recovered to 568 in 2022. These changes suggest a correlation between decreasing diversity and increasing affluence in the area.
The trends observed in Fortune's Ridge align with broader patterns seen in many urban areas across the United States. The increase in median income and shift towards a white majority are consistent with gentrification processes observed in many U.S. cities. The significant population drop in 2021 mirrors national trends, where the COVID-19 pandemic prompted many to reconsider urban living.
The area's high median income and increasing homogeneity may be influenced by its proximity to the Research Triangle Park, reflecting similar patterns in tech-centric regions. These changes in Fortune's Ridge reflect broader urban demographic shifts and economic trends, particularly those associated with tech-driven growth and gentrification.
Fortune's Ridge has undergone a notable transformation over the past decade, evolving from a moderately diverse community to a more affluent, predominantly white neighborhood. The neighborhood's future trajectory will likely depend on local policies, economic conditions, and broader societal trends in diversity and inclusion.
