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Population Dynamics and Density Analysis of Hope Valley Farms, Durham, NC: 2010-2022
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
Hope Valley Farms in Durham, North Carolina, exhibited population changes from 2010 to 2022. The population increased from 6,684 to 9,315 residents between 2010 and 2019, representing approximately 40% growth.
In 2020, the population decreased to 8,577. By 2022, it slightly recovered to 8,750. The 2022 population density was 5,941.78 people per square mile.
The estimated number of housing units in 2022 was 3,352, based on the national average household size.
Hope Valley Farms is a densely populated suburban area. The population density suggests a mix of housing types, including single-family homes, townhouses, and potentially low-rise apartment complexes.
The neighborhood's location within Durham, known for its educational and research institutions, may influence its demographic composition. The area may attract academics, researchers, and professionals in technology and healthcare sectors.
Population fluctuations, particularly growth up to 2019 and subsequent slight decline, may reflect changing urban living preferences, possibly influenced by work-from-home trends or local job market shifts.
The neighborhood's evolution from 2010 to 2022 demonstrates the relationship between urban development, demographic changes, and external factors in shaping suburban communities within growing metropolitan areas.
