Loading Content...
Demographic Trends in Concord Road East: Racial Composition and Economic Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Concord Road East in Marlborough, Massachusetts, is a neighborhood characterized by a White Majority with an increasing Asian population. As of 2022, the area exhibits Low Diversity, with 69% of residents identifying as white. The neighborhood has experienced economic growth, with a median income of $135,786 in 2022, indicating an affluent suburban community. Concord Road East has seen a decline in population over the past decade, potentially suggesting a trend towards smaller household sizes or a shift in housing preferences.
Over the past decade, Concord Road East has undergone a transition in its racial composition. In 2013, the neighborhood was categorized as Low Diversity with an 81% white population. By 2022, while still maintaining a White Majority, the community has shown signs of increasing diversity, primarily due to growth in the Asian population. The Asian population has increased from 5% in 2013 to 22% in 2022, indicating a gradual shift towards Moderate Diversity. The Hispanic population peaked at 11% in 2015-2016 but has since declined to 2% in 2022.
The economic trajectory of Concord Road East has been positive overall, with some fluctuations. The median income has increased from $104,061 in 2013 to $135,786 in 2022, representing a rise of approximately 30% over the decade. This upward trend in income correlates with the growing Asian population. A notable dip in median income occurred in 2020, reaching $93,973, possibly reflecting the economic impact of the COVID-19 pandemic. However, the subsequent recovery and rise to the highest recorded median income in 2022 demonstrate the neighborhood's economic resilience.
The population of Concord Road East has decreased from 414 in 2013 to 375 in 2022, a decline of about 9.4%. This population decrease, combined with rising incomes, may indicate a trend towards smaller, more affluent households, possibly due to aging residents, changing family structures, or the attraction of higher-income professionals to the area.
The demographic changes in Concord Road East reflect broader national trends of increasing diversity in suburban areas, particularly with growth in Asian American populations. The rise in median income aligns with patterns seen in many affluent suburban communities across the United States. The neighborhood's economic resilience, especially during the 2020 economic downturn, suggests a robust local economy, possibly supported by strong industries in the greater Boston metropolitan area. The declining population amidst rising incomes is a pattern observed in some high-cost suburban areas, where housing prices may be limiting population growth while attracting higher-income residents.
Concord Road East is experiencing a gradual transition from a highly homogeneous community to one with increasing diversity, primarily driven by growth in the Asian population. This demographic shift, coupled with significant economic growth, suggests a neighborhood in transition, potentially becoming more attractive to diverse, high-income professionals while maintaining its predominantly white, affluent character.
