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Demographic Transition in Peace Haven: From Low to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Peace Haven, a neighborhood in Winston-Salem, North Carolina, has transitioned from a Low Diversity to a Moderate Diversity community with a White Majority between 2013 and 2022. The population was 2,116 in 2022 with a median income of $88,126. The neighborhood's proximity to Wake Forest University likely influences its demographics and economic status.
Over the past decade, Peace Haven's racial composition has changed significantly. In 2013, it was a Low Diversity community with 83% white population. By 2022, it became a Moderate Diversity community with 64% white population. The Black population increased from 7% to 20%, the Asian population grew from 1% to 6%, and the Hispanic population increased slightly from 4% to 5%.
Economic trends in Peace Haven show fluctuations in median income. From 2013 to 2019, median income remained relatively stable between $73,979 and $81,983. In 2020, there was a significant increase to $90,309. Since then, it has slightly decreased but remains high at $88,126 in 2022.
The increase in median income alongside growing diversity suggests that the neighborhood has attracted higher-income residents from various racial backgrounds. Population figures have remained relatively stable, ranging from 2,020 to 2,310 residents, indicating a gradual replacement of some long-term residents with newcomers rather than significant new housing developments.
The trends in Peace Haven align with broader national patterns of increasing diversity in suburban areas. The substantial increase in median income, especially in 2020, is noteworthy and may be related to broader economic trends or local factors. This income growth outpaces national averages and suggests that Peace Haven is becoming an increasingly desirable neighborhood within Winston-Salem.
Peace Haven exemplifies a Transitional Community. If current trends continue, it may evolve into a High Diversity or Majority-Minority community in the coming years. This transition is occurring without major disruptions to the community's economic stability. These changes reflect broader national trends towards increased suburban diversity and may present both opportunities and challenges for community cohesion and local governance in the future.
