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Demographics
Population
Median Income
Racial Distributions
Hanestown, a neighborhood in Winston-Salem, North Carolina, has undergone significant demographic changes from 2013 to 2022. The community transitioned from moderate diversity to a white majority status. As of 2022, Hanestown has a population of 426 residents with a median income of $52,930.
In 2013, Hanestown was categorized as a moderately diverse community with 59% White, 26% Hispanic, and 12% Black populations. By 2022, the demographic composition shifted to 76% White, 11% Hispanic, and 3% Black. This transition to a white majority status occurred gradually, with a notable acceleration around 2018 when the White population reached 87%.
The demographic shifts in Hanestown correlate with changes in median income. In 2013, the median income was $56,251. As the neighborhood transitioned to a white majority, there was initially a decline in median income, reaching $42,100 in 2018. Subsequently, the median income showed an upward trend, peaking at $65,527 in 2021 before settling at $52,930 in 2022.
Population figures fluctuated over the decade, starting at 595 in 2013, dropping to 303 in 2018, and then gradually recovering to 426 in 2022. This population trend aligns with the economic and demographic shifts, suggesting a period of outmigration followed by new residents moving in as the neighborhood's character changed.
The demographic shift observed in Hanestown contrasts with broader national trends towards increasing diversity in urban areas. While many U.S. cities have seen growth in minority populations and increased racial mixing, Hanestown has moved in the opposite direction, becoming less diverse over time.
This trend could indicate localized factors such as changes in housing affordability, shifts in local employment opportunities, or targeted development initiatives that may have altered the neighborhood's appeal to different demographic groups. The economic recovery post-2018 might suggest a process of neighborhood revitalization or gentrification, which often correlates with demographic changes similar to those observed in Hanestown.
Hanestown presents a case study of a neighborhood transitioning from moderate diversity to a clear racial majority over a decade, with corresponding economic fluctuations. This trend runs counter to many national urban demographic patterns, highlighting the unique local factors that can shape a community's evolution.