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Demographics
Population
Median Income
Racial Distributions
Zip code 28277 in Charlotte, North Carolina, as of 2022, is classified as a "White Majority" community with moderate diversity. The area has a median income of $117,184, which is above the national average, and a population of 70,662. This affluent suburb has undergone significant demographic changes over the past decade.
The zip code transitioned from low diversity to moderate diversity between 2013 and 2022. In 2013, whites comprised 76% of the population, which decreased to 62% by 2022. The most notable change has been the growth of the Asian population, from 9% in 2013 to 16% in 2022, indicating a "Transitional Community" status.
Black and Hispanic populations have remained relatively stable, increasing slightly from 5% each in 2013 to 8% and 7% respectively in 2022. The percentage of individuals identifying as two or more races increased from 2% in 2013 to 5% in 2022, suggesting a trend towards greater racial complexity.
The median income in the area has shown steady growth from $109,302 in 2013 to $117,184 in 2022, with a peak of $125,500 in 2021. This trend indicates sustained economic prosperity. The population grew from 61,463 in 2013 to a peak of 72,735 in 2019, before stabilizing around 70,000 in recent years.
The increase in diversity, particularly the growth of the Asian population, correlates with the rise in median income. This suggests that the influx of diverse, high-income professionals may be driving both demographic and economic changes.
The trends observed in this zip code align with patterns seen in many affluent suburban areas across the United States. These include increasing diversity in traditionally white-majority suburbs, high and rising median incomes in areas with growing professional-class diversity, and a trend towards more multiracial identifications.
The economic resilience of this zip code, even through the COVID-19 pandemic, suggests a robust local economy possibly supported by industries less affected by economic downturns.
In conclusion, zip code 28277 represents a transitioning, affluent suburban community moving from low to moderate diversity. The area's economic strength appears connected to its increasing diversity, particularly the growth of its Asian population. These changes reflect broader national trends of diversifying suburbs and the economic contributions of immigrant and minority professionals to high-income areas.