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Demographics
Population
Median Income
Racial Distributions
Old Town, Alexandria, in Virginia, currently exhibits characteristics of a White Majority community with Moderate Diversity. As of 2022, the white population comprises 61% of residents, with significant representation from Black (18%) and Hispanic (14%) groups. The neighborhood has a median income of $154,127, indicating an affluent populace. Old Town is known for its historic charm, featuring 18th and 19th-century architecture, and is a popular tourist destination due to its waterfront along the Potomac River.
Over the past decade, Old Town has undergone a transition from a Low Diversity community to one of Moderate Diversity. In 2013, the area displayed a White Majority at 69%, with less significant representation from other groups. By 2022, while still maintaining a White Majority, the community has seen an increase in diversity. The white population decreased from 69% to 61%. The Hispanic population increased from 6% to 14%. The Black population remained relatively stable, fluctuating between 15-20%. Asian and multiracial populations saw slight increases.
The demographic changes have occurred alongside fluctuations in median income. Median income increased from $140,622 in 2013 to $154,127 in 2022, a 9.6% rise. The most significant increase occurred between 2018 and 2019, with income rising from $141,383 to $157,516. Population growth has been steady, increasing from 9,006 in 2013 to 11,356 in 2022, a 26% increase.
The demographic shifts in Old Town Alexandria align with broader trends seen in many urban areas across the United States, particularly those near major metropolitan centers. Increasing diversity in historically white-majority neighborhoods is a common trend in many U.S. cities. The steady increase in median income reflects the gentrification often seen in historic, centrally-located urban neighborhoods. The growth in the Hispanic population mirrors national trends, as the Hispanic population has been one of the fastest-growing demographic groups in the U.S. over the past decade.
Old Town's continued high median income sets it apart from many diversifying neighborhoods, which often see more economic fluctuation. This suggests that the area is experiencing "affluent diversification" rather than displacement-driven demographic change.
Old Town Alexandria is evolving from a predominantly white, affluent enclave to a more diverse yet still wealthy community. This transformation reflects broader urban trends but with the unique characteristic of maintaining its high economic status. As the neighborhood continues to change, it will be interesting to observe how it balances its historic character with its growing diversity and whether it will eventually transition to a Majority-Minority or High Diversity community in the coming years.