The demographic shifts in Haywood Forest correlate with changes in median income. In 2013, when the neighborhood was predominantly Black, the median income was $42,822. As the community diversified, there were fluctuations in median income, with a notable increase starting in 2020. By 2022, the median income had risen to $60,683, a 41.7% increase from 2013. This economic uplift coincides with the increasing Hispanic population and the transition to a more diverse community. Population figures show some volatility over the years, ranging from a low of 362 in 2022 to a high of 618 in 2017.

The demographic evolution of Haywood Forest mirrors broader trends seen in many urban areas across the United States, where traditionally African American neighborhoods are experiencing an influx of Hispanic residents. This shift often coincides with economic changes, as seen in the rising median income of Haywood Forest. The significant increase in median income (41.7% over a decade) outpaces the national average for wage growth, suggesting that Haywood Forest may be experiencing more rapid economic changes than many other areas.

The transition to a Hispanic Plurality community also reflects national trends of growing Hispanic populations in urban areas, often driven by immigration and higher birth rates among Hispanic families. However, the rapidity of this change in Haywood Forest is noteworthy. Haywood Forest presents a case study of rapid demographic and economic transition in an urban neighborhood. Its evolution from a Black Plurality to a Hispanic Plurality community, coupled with significant income growth, exemplifies the dynamic nature of urban demographics and the potential economic impacts of such changes.