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Demographics
Population
Median Income
Racial Distributions
Prosperity Church Road in Charlotte, North Carolina, is classified as a Moderate Diversity community with a Black Plurality as of 2022. The neighborhood's population is 19,965, with a median income of $77,711. The area has experienced rapid growth and development in recent years, particularly in residential and commercial sectors.
Over the past decade, Prosperity Church Road has undergone a significant transformation in its racial composition. In 2013, the neighborhood had a White Plurality, with whites comprising 43% of the population. By 2022, it had transitioned to a Black Plurality, with the Black population increasing from 36% to 48%. This shift categorizes the area as a Transitional Community, demonstrating a consistent trend of increasing diversity.
The Asian population in the neighborhood has fluctuated, rising from 8% in 2013 to 11% at its peak in 2017-2018, before settling at 7% in 2022. The Hispanic population has remained relatively stable, ranging between 5-7% throughout the decade. Prosperity Church Road has maintained its status as a Majority-Minority area during the observed period, with the combined minority population consistently exceeding 50%. The transition from White Plurality to Black Plurality occurred around 2015-2016.
The demographic shifts in Prosperity Church Road have coincided with a general upward trend in median income. From 2013 to 2022, the median income increased from $75,371 to $77,711, representing a modest growth of about 3% over the decade. This suggests that the neighborhood has maintained its economic stability despite the changes in racial composition.
The population has shown overall growth, increasing from 19,854 in 2013 to 19,965 in 2022, with some fluctuations. The peak population was observed in 2018 at 20,309, indicating that the area has been attractive to new residents throughout this period of demographic change.
The demographic shifts observed in Prosperity Church Road align with broader trends seen in many urban areas across the United States, where increasing diversity and the growth of minority populations, particularly in suburban areas, have been notable. The maintenance and slight increase in median income during this transition is a positive indicator, suggesting that the neighborhood has managed to attract and retain residents with stable or improving economic prospects despite the demographic changes.
Compared to national trends, the median income in Prosperity Church Road remains significantly above the U.S. median household income, which was approximately $70,784 in 2021. This indicates that despite the demographic shifts, the neighborhood has maintained its status as a relatively affluent area.
The transition from a White Plurality to a Black Plurality, while maintaining economic stability, could be indicative of changing preferences in housing choices among middle and upper-middle-class Black families, a trend observed in many growing metropolitan areas. The steady growth in the Asian population, although it has slightly declined in recent years, also reflects the increasing diversity typical of many suburban areas near major cities.
Prosperity Church Road exemplifies a dynamic, transitional community that has experienced significant demographic shifts while maintaining economic stability. These changes reflect broader national trends of increasing diversity in suburban areas, particularly those near major urban centers. The neighborhood's ability to maintain and slightly increase its median income during this transition suggests a resilient local economy and potentially points to the area's attractiveness to a diverse range of middle and upper-middle-class families.