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Georgetown, Winston-Salem: A Neighborhood's Demographic Transition and Racial Composition from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Georgetown neighborhood in Winston-Salem, North Carolina, exhibited significant demographic changes between 2013 and 2022. As of 2022, Georgetown is classified as a "Majority-Minority" community with "Moderate Diversity". The neighborhood's population consists of 46% Hispanic, 38% Black, and 16% White residents. The median income in Georgetown increased from $31,883 in 2013 to $43,332 in 2022, indicating economic improvement.
Georgetown has undergone a substantial transformation in its racial composition over the past decade. In 2013, the neighborhood was classified as having a "Black Majority" with 54% of the population. By 2022, it had transitioned to a "Majority-Minority" status with a "Moderate Diversity" profile. This shift is primarily attributed to the significant increase in the Hispanic population, which grew from 14% in 2013 to 46% in 2022, while the Black population decreased from 54% to 38%.
The community can be characterized as a "Transitional Community" due to the consistent growth of the Hispanic population. This transition has led to a more diverse neighborhood composition, evolving from a predominantly Black community to one where Hispanic and Black populations form the majority.
Georgetown experienced a positive trend in median income alongside these demographic shifts. The median income increased by approximately 36% from 2013 to 2022. This economic improvement coincides with the growing diversity of the neighborhood, suggesting that the influx of new residents, particularly from the Hispanic community, may have contributed to economic growth.
The population of Georgetown grew significantly, from 2,170 in 2013 to 3,445 in 2022, an increase of about 59%. This population growth, combined with rising incomes, indicates a neighborhood experiencing both demographic and economic expansion.
The demographic shifts in Georgetown reflect broader national trends of increasing diversity in urban areas. The growth of the Hispanic population aligns with nationwide patterns of Hispanic population growth in many U.S. cities. The rapid pace of this change in Georgetown is notable, transforming from a Black-majority neighborhood to a highly diverse community in a decade.
The economic improvements in Georgetown are encouraging, as the median income growth outpaced inflation over this period. This suggests real economic gains for residents, which is significant in a neighborhood undergoing substantial demographic changes.
Georgetown presents a case study of a neighborhood in transition. Its evolution from a predominantly Black community to a diverse, majority-minority neighborhood with a growing Hispanic population exemplifies the changing demographics of many American urban areas. The concurrent economic improvements suggest that this demographic shift has been accompanied by positive economic developments.
