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Demographics
Population
Median Income
Racial Distributions
Princeton Lakes, a neighborhood in Atlanta, Georgia, exhibits characteristics of Low Diversity with a strong Black Majority. As of 2022, the Black population comprises 95% of the community, while the median income stands at $69,081. This predominantly African American neighborhood has experienced significant economic fluctuations over the past decade, reflecting broader trends in urban development and demographic shifts in the Atlanta metropolitan area.
Princeton Lakes has consistently maintained its status as a Black Majority community throughout the observed period from 2013 to 2022. The neighborhood maintained a strong Black Majority from 2013 to 2019, with the Black population consistently above 87%. In 2020, a slight dip in the Black population to 84% coincided with small increases in Asian (3%) and Native American (4%) populations, briefly moving towards Moderate Diversity. However, this shift was temporary. In 2021-2022, the community reverted to Low Diversity with an even stronger Black Majority, reaching 95% by 2022.
The median income in Princeton Lakes has shown considerable volatility over the decade. From 2013 to 2015, there was relative stability around $67,000-$68,000. In 2016, there was a sharp decline to $59,743. From 2017 to 2019, there was a steady increase, peaking at $72,589 in 2019. In 2020, there was a significant drop to $62,453. In 2021, there was a dramatic increase to $80,756, the highest in the observed period. In 2022, there was a decrease to $69,081, returning to levels similar to the mid-2010s.
The population has also fluctuated, growing from 3,942 in 2010 to a peak of 6,385 in 2017, before declining to 5,351 in 2022.
Princeton Lakes' demographic stability as a predominantly Black neighborhood is notable in the context of Atlanta's overall demographic trends. The economic volatility in Princeton Lakes, particularly the sharp increase in median income in 2021 followed by a decline in 2022, may reflect broader economic trends related to the COVID-19 pandemic and its aftermath.
The neighborhood's resilience in maintaining its demographic composition while experiencing significant economic fluctuations suggests a strong community fabric. However, the recent trend towards even greater racial homogeneity (95% Black in 2022) raises questions about factors that might be influencing this consolidation, such as housing policies, economic opportunities, or community preferences.
Princeton Lakes presents a case study of a predominantly African American neighborhood navigating economic challenges while maintaining its demographic character in a changing urban landscape. The community's ability to weather economic volatility while preserving its cultural identity highlights the interplay between race, economics, and community dynamics in urban America.