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Demographics
Population
Median Income
Racial Distributions
Hembstead, a neighborhood in Charlotte, North Carolina, exhibits characteristics of Low Diversity with a White Majority. As of 2022, the white population comprises 75% of the neighborhood, meeting the threshold for Low Diversity. Economically, Hembstead is an affluent area with a median income of $175,187 in 2022, significantly above the national average. This neighborhood is known for its tree-lined streets and proximity to upscale shopping areas, contributing to its desirability among high-income residents.
Over the past decade, Hembstead has consistently maintained its status as a White Majority community, with the white population ranging from 75-80%. There have been subtle shifts within this overall stability. The Asian population increased from 8% in 2014 to 14% in 2022. The black population fluctuated, peaking at 9% in 2017 but decreasing to 1% by 2022. The Hispanic community remained relatively stable, fluctuating between 4-8% over the decade. The percentage of residents identifying as two or more races increased from 1% in 2013 to 5% in 2022. Despite these changes, Hembstead has not transitioned out of the Low Diversity category, as the white population has consistently remained above 75%.
The neighborhood has experienced significant economic growth over the past decade. From 2013 to 2022, the median income rose from $121,105 to $175,187, an increase of about 45%. The median income peaked in 2019 at $177,054 before slightly declining and then stabilizing. Despite economic changes, the population has remained relatively stable, ranging between 2,900 to 3,300 residents throughout the decade. The consistent increase in median income correlates with the maintained white majority and the growing Asian population, both demographics often associated with higher incomes in urban areas.
Hembstead's demographic and economic trends align with broader patterns seen in many affluent suburban neighborhoods across the United States. The growth in the Asian population is consistent with national trends of increasing Asian representation in high-income neighborhoods. The substantial increase in median income outpaces national averages, reflecting the neighborhood's status as an enclave for high-earning professionals. Despite slight increases in some minority populations, the persistent white majority and low overall diversity contrast with trends in many urban areas that are becoming more diverse. The neighborhood's ability to maintain high median incomes, even through economic disruptions like the pandemic, suggests a level of economic insulation common in affluent suburbs.
While Hembstead has experienced some minor shifts in its racial composition and significant economic growth over the past decade, it has largely maintained its character as an affluent, predominantly white neighborhood. The subtle increases in Asian and multiracial populations hint at potential future diversification, but for now, the area remains categorized as Low Diversity with a strong economic profile.