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Demographics
Population
Median Income
Racial Distributions
Preston Woods, a neighborhood in Durham, North Carolina, exhibits a demographic profile categorized as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The neighborhood has a population of 1,742 and a median income of $42,691. Preston Woods has undergone a rapid demographic transformation over the past decade, reflecting broader changes in urban areas across the United States.
In 2013, Preston Woods had "Moderate Diversity" with a "Black Plurality." The Black population constituted 41% of the neighborhood, with White (32%) and Hispanic (20%) populations. Over the next decade, the neighborhood transitioned significantly. By 2018, the community shifted to a "High Diversity" category, with no single group exceeding 40% of the population and three groups (White, Black, and Hispanic) each representing over 20% of the residents.
The most recent data from 2022 shows that Preston Woods has evolved into a "Majority-Minority" community with "Moderate Diversity." The Hispanic population has grown to become the largest group at 42%, while the Black and White populations have decreased to 27% and 25% respectively. This shift represents a significant change in the neighborhood's racial composition over a relatively short period.
The demographic shifts in Preston Woods have been accompanied by fluctuations in median income. In 2013, when the neighborhood had a Black plurality, the median income was $43,792. As the community transitioned to a more diverse makeup, the median income initially increased, peaking at $49,114 in 2016. However, as the Hispanic population grew to become the largest group, there has been a general downward trend in median income, reaching $42,691 in 2022.
This trend suggests that the influx of Hispanic residents has been accompanied by economic challenges. Despite this decline, the median income has remained relatively stable over the decade, indicating some economic resilience in the face of demographic changes.
The demographic shifts observed in Preston Woods align with broader trends seen in many urban areas across the United States. The growth of the Hispanic population reflects national patterns of increased Hispanic immigration and higher birth rates among Hispanic families. The transition from a Black plurality to a Hispanic plurality is noteworthy and may be indicative of changing settlement patterns among different ethnic groups in Durham.
The economic trends in Preston Woods, while showing some decline, have not been as severe as seen in some other rapidly changing urban neighborhoods across the country. This relative stability suggests that Preston Woods may have some economic advantages or support systems that help maintain a certain level of economic well-being despite significant demographic changes.
Preston Woods exemplifies a "Transitional Community," having undergone significant demographic changes over the past decade. These shifts have transformed it from a neighborhood with a Black plurality to a Majority-Minority community with a growing Hispanic population. While these changes have been accompanied by some economic challenges, the neighborhood has maintained a degree of economic stability. This evolution reflects broader national trends in urban demographics and presents both opportunities and challenges for community cohesion and economic development in the years to come.