Fairfield Terrace-Belmont, a neighborhood in Fort Wayne, Indiana, exhibits a Moderate Diversity profile with a transitional character. As of 2022, the community has no clear racial majority, with White (39%) and Hispanic (32%) populations forming the largest groups, followed by a significant Black population (24%). The median income of $42,769 in 2022 suggests a working-class to lower-middle-class economic status. The neighborhood has seen fluctuating population numbers over the past decade, indicating potential socio-economic pressures or changes in housing availability.

Over the past decade, Fairfield Terrace-Belmont has undergone a significant transformation in its racial composition. In 2013, the neighborhood could be categorized as having a White Majority (54%). By 2018, it had transitioned to a Majority-Minority community, with the White population decreasing to 27% and the Hispanic population rising to 42%. From 2018 to 2022, the neighborhood has maintained its Moderate Diversity status, with no single group holding a majority. The Hispanic population has slightly decreased from its peak, while the White and Black populations have shown some rebounds.

The median income in Fairfield Terrace-Belmont has shown volatility over the years, generally ranging between $40,000 and $48,000. The highest median income of $48,421 was recorded in 2017, coinciding with the period of most rapid demographic change. Subsequent years saw a decline in median income, dropping to $42,769 in 2022. This decline correlates with the stabilization of the demographic mix. The population has also fluctuated, reaching a peak of 1,443 in 2012 and a low of 880 in 2020, before rebounding to 1,010 in 2022.