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Demographic Shifts in Perimeter Park: Asian Plurality and Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Perimeter Park, located in Morrisville, North Carolina, is a community with a population of 4,504 and a median income of $76,821 as of 2022. The neighborhood is characterized by moderate diversity with a significant Asian plurality. Perimeter Park's proximity to Research Triangle Park, a hub for technology and innovation, influences its demographic composition and economic status.
Over the past decade, Perimeter Park has experienced a transformation in its racial composition. In 2013, the neighborhood had a White Plurality (46%) with significant Black (22%) and Asian (20%) populations. By 2022, the community shifted to an Asian Plurality (37%), followed by White (30%) and Black (25%) populations. This change indicates a trend towards increasing diversity in the neighborhood.
The Asian population in Perimeter Park has shown the most significant increase, growing from 20% in 2013 to 37% in 2022. Conversely, the White population decreased from 46% to 30% during the same period. The Black population remained relatively stable, fluctuating between 21% and 26% throughout the decade.
The median income in Perimeter Park increased from $71,516 in 2013 to $76,821 in 2022, representing a 7.4% growth. This increase, while positive, has not kept pace with inflation, suggesting a relative stagnation in real income. The population has grown significantly, more than doubling from 1,836 in 2013 to 4,504 in 2022. This rapid population growth, combined with the shift towards an Asian plurality, may be attributed to the area's proximity to tech hubs and universities, attracting a diverse, highly-skilled workforce.
The demographic shifts observed in Perimeter Park align with broader trends seen in many tech-centric suburban areas across the United States. The increasing Asian population, particularly in areas near research and technology centers, is a pattern observed in similar communities. The moderate income growth, coupled with significant population increase, suggests that while the area remains attractive to new residents, it may be experiencing some of the affordability challenges common to rapidly growing tech-adjacent communities.
Perimeter Park has evolved from a White Plurality community to a more diverse neighborhood with an Asian Plurality over the past decade. This shift, likely driven by its proximity to Research Triangle Park and local universities, reflects broader national trends in tech-centric suburban areas. The area has seen economic growth, but the rapid population increase may present challenges in terms of infrastructure and affordability in the coming years.
