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Demographics
Population
Median Income
Racial Distributions
Old Town Heights in Winston-Salem, North Carolina, is currently a predominantly Black Majority neighborhood with a median income of $39,643 as of 2022. The community has undergone significant demographic and economic changes over the past decade, transitioning from a more diverse makeup to its current composition. Old Town Heights is known for its historical significance in Winston-Salem, with roots tracing back to the early development of the city.
In 2013, Old Town Heights exhibited Moderate Diversity, with a distribution among White (42%), Hispanic (36%), and Black (22%) populations. Over the next decade, the neighborhood experienced a substantial shift in its racial composition. By 2017, the area had transitioned to a Majority-Minority status, with Hispanic (38%) and Black (32%) populations collectively forming the majority, while the White population decreased to 29%. This shift suggests a potential outmigration of White residents and an influx of Hispanic and Black residents.
The most dramatic change occurred between 2019 and 2020, when the neighborhood transitioned to a Black Majority status. The Black population increased from 40% to 61%, while the Hispanic population declined from 41% to 5%. From 2020 to 2022, Old Town Heights has maintained its Black Majority status, with the Black population increasing slightly to 66% by 2022. This period appears to represent a stabilization of the demographic composition following the dramatic shifts of the previous years.
The demographic shifts in Old Town Heights correlate with changes in median income. In 2013, when the area was more diverse, the median income was $42,516. As the neighborhood transitioned to a Majority-Minority status, there was a decline in median income, reaching a low of $21,657 in 2017. As the neighborhood shifted to a Black Majority in 2020, the median income began to recover, rising to $38,305. This trend continued with an increase in 2021 to $74,315, before settling to $39,643 in 2022. This pattern suggests that the initial demographic shifts were accompanied by economic challenges, but the stabilization of the Black Majority coincided with economic improvement.
The population of Old Town Heights has fluctuated over the years, from a high of 1,469 in 2010 to a low of 830 in 2022. This overall decline in population could be indicative of broader urban trends such as suburbanization or changes in housing availability.
The demographic shifts observed in Old Town Heights reflect broader national trends of increasing diversity in urban areas. The economic fluctuations, particularly the sharp income increase in 2021 followed by a decline in 2022, could be related to national economic factors such as the COVID-19 pandemic and subsequent recovery efforts. The current median income of $39,643 is below the national median, suggesting that while the neighborhood has seen some economic improvement, it still faces economic challenges compared to national averages.
Old Town Heights has undergone a significant transformation over the past decade, evolving from a moderately diverse community to a predominantly Black neighborhood. These changes have been accompanied by notable economic fluctuations, highlighting the complex interplay between demographic shifts and economic conditions in urban neighborhoods.