Penrith, a neighborhood in Durham, North Carolina, has undergone significant demographic changes from 2013 to 2022. In 2013, Penrith was categorized as a "Moderate Diversity" neighborhood with Black residents comprising 42% and White residents 38% of the population. By 2022, Penrith transitioned to a "Black Majority" status, with the Black population increasing to 51% and the White population decreasing to 28%. The Hispanic population also grew from 11% in 2013 to 16% in 2022.

The demographic shifts in Penrith have been accompanied by fluctuations in median income. From 2013 to 2017, median income increased from $64,485 to $85,454. However, from 2017 to 2022, median income declined, settling at $76,161 in 2022. This economic trajectory suggests that the initial phase of demographic change was associated with economic growth, possibly due to an influx of higher-income Black residents.

The demographic evolution of Penrith reflects broader national trends of increasing diversity in urban areas. However, the shift towards a Black majority is somewhat unique, as many urban areas are experiencing a trend towards greater racial and ethnic diversity rather than the consolidation of a single racial group's majority. The economic fluctuations in Penrith may be indicative of gentrification processes often seen in urban neighborhoods undergoing demographic changes.