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Demographic Shifts in Woolmarket: From Low Diversity to White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Woolmarket, a neighborhood in Biloxi, Mississippi, demonstrates characteristics of a White Majority community with indications of increasing diversity. As of 2022, the white population comprises 67% of the total, with a median income of $69,639. The neighborhood has experienced significant population growth, increasing from 12,669 in 2010 to 16,186 in 2022.
From 2013 to 2022, Woolmarket transitioned from a Low Diversity community to one approaching Moderate Diversity. The white population decreased from 75% to 67%, while other racial groups increased. The Black population grew from 7% to 12%, Hispanics from 4% to 9%, and those identifying as two or more races increased from 2% to 7%. This trend indicates a Transitional Community moving towards greater diversity.
The median income in Woolmarket has remained relatively stable, changing from $71,193 in 2013 to $69,639 in 2022. The population growth from 2010 to 2022 represents a 27.8% increase. This growth, combined with the diversification trend, suggests that Woolmarket is attracting a variety of new residents.
Woolmarket's trends align with broader national patterns of increasing diversity in suburban areas. The stability in median income, despite increased diversity, is noteworthy as it counters potential concerns about economic downturn often associated with demographic changes.
The growth rate of 27.8% over 12 years is significant compared to the U.S. national population growth rate of about 7.4% from 2010 to 2020. This suggests that Woolmarket is outpacing national growth trends.
Woolmarket is transitioning from a Low Diversity, White Majority community to one approaching Moderate Diversity. This change, coupled with stable economic indicators and strong population growth, indicates a dynamic, evolving neighborhood that is integrating new residents while maintaining economic stability.
