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Demographic Trends in Main Street, Concord: A Study of Racial Composition and Economic Indicators
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Main Street neighborhood of Concord, Massachusetts, is classified as a Low Diversity community with a White Majority, comprising 89% of the population in 2022. The area has a median income of $187,282 as of 2022, which is significantly higher than national averages. Concord is notable for its historical significance as the location of the first battle of the American Revolutionary War.
Over the past decade, Main Street has maintained its status as a Low Diversity area with a White Majority. The white population has decreased from 94% in 2013 to 89% in 2022. The Asian population increased from 3% in 2013 to 15% in 2020, before declining to 4% in 2022. Hispanic and Two or More Races categories have shown slight increases, from 1% to 2% for Hispanic residents and from 2% to 4% for those identifying as two or more races between 2013 and 2022.
The median income in Main Street has increased from $152,547 in 2013 to $187,282 in 2022, representing a growth of approximately 23% over nine years. The peak in Asian population coincided with the highest median income of $195,538 in 2021. The population has remained relatively stable, fluctuating between about 3,300 and 3,700 residents.
The trends observed in Main Street, Concord, reflect broader patterns seen in many affluent, historically white communities across the United States. Many similar communities are experiencing gradual increases in diversity, particularly among Asian and multiracial populations. The substantial increase in median income aligns with trends in other high-income areas, where wealth concentration has intensified post-2008 recession. Despite incremental demographic shifts, the community has maintained its overall character and economic status.
Main Street remains a Low Diversity, White Majority area, but shows signs of being a slowly Transitional Community. The economic prosperity of the area appears to be attracting a more diverse population, albeit at a gradual pace. These changes suggest a community that is evolving while maintaining its core characteristics of affluence and historical significance.
