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Demographics
Population
Median Income
Racial Distributions
The Lockwood neighborhood in Charlotte, North Carolina, exhibits a demographic profile categorized as having a Black Majority, with 70% of the population identifying as Black in 2022. The neighborhood's median income in 2022 was $38,690, placing it in a lower-income bracket compared to the national median. Lockwood is situated near Charlotte's Uptown area and has been involved in revitalization efforts aimed at maintaining affordable housing while enhancing community amenities.
Over the past decade, Lockwood has maintained its status as a Black Majority community, with some fluctuations. From 2013 to 2017, there was a slight decrease in the Black population percentage from 69% to 63%, and an increase in the White population from 29% to 32%. From 2018 to 2022, this trend reversed, with the Black population percentage increasing to 70% by 2022. The Hispanic population gradually increased from 1% in 2013 to 8% in 2022, indicating a trend towards a more diverse community composition within the Black Majority framework.
The median income in Lockwood has shown significant volatility. It increased from $41,523 in 2013 to a peak of $59,486 in 2017, coinciding with the period of slightly increased racial diversity. This was followed by a sharp decline to $43,495 in 2018, and further fluctuations leading to $38,690 in 2022, the lowest in the reported period. These economic shifts appear to correlate with demographic changes. The population declined from 1,545 in 2013 to 984 in 2022, possibly indicating outmigration related to economic factors or urban development pressures.
The demographic trends in Lockwood reflect broader national patterns of urban neighborhood change, particularly in areas close to city centers. The initial trend towards increased diversity followed by a reinforcement of the Black Majority status could indicate complex urban dynamics. These may include initial gentrification pressures leading to demographic shifts and income increases, followed by community efforts or policy interventions to maintain affordable housing and preserve the neighborhood's cultural identity.
The increasing Hispanic population, while still small, aligns with national trends of growing Hispanic communities in urban areas across the United States. The economic volatility and recent decline in median income, coupled with population decrease, suggest challenges common to many urban neighborhoods facing pressures of development and changing urban landscapes. These trends underscore the importance of balanced urban planning that considers both economic development and community preservation.