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Racial Composition and Economic Trends in Eastwood Neighborhood, Greenville, NC (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Eastwood neighborhood in Greenville, North Carolina, is classified as a "White Majority" community as of 2022, with 66% of the population identifying as white. The median income in 2022 was $49,354, showing an increase from previous years. Eastwood has experienced significant changes in its demographic composition over the past decade.
From 2013 to 2022, Eastwood has primarily maintained its status as a "White Majority" community. In 2017-2018, the neighborhood briefly transitioned to a "Moderate Diversity" status, with white residents comprising 57% and 54% of the population respectively, while black residents made up 26% and 28%. The Hispanic population increased from 0% in 2013 to 8% in 2017-2018, before declining to 2% in 2022. The Asian population has remained relatively stable at 2-3% throughout the decade.
The median income in Eastwood has fluctuated over the past decade. There was a decline from $53,656 in 2013 to $39,346 in 2018, coinciding with the period of increased diversity. Since 2018, there has been a gradual recovery, with median income reaching $49,354 in 2022. The population has decreased from 3,399 in 2013 to 2,831 in 2022.
The correlation between increased diversity and decreased median income from 2013 to 2018 could suggest economic challenges during this period of demographic change. The subsequent increase in both white population percentage and median income since 2018 might indicate a shift in neighborhood dynamics.
The trends observed in Eastwood reflect broader patterns seen in many urban areas across the United States. The brief period of increased diversity followed by a return to white majority status is similar to neighborhood transition patterns observed in other cities experiencing gentrification. The fluctuation in median income, with a significant dip followed by recovery, aligns with economic trends seen in many areas following the 2008 financial crisis and subsequent recovery. The decrease in population over the decade, despite income recovery, could indicate changing housing preferences or increasing housing costs pushing some residents out of the neighborhood.
Eastwood has demonstrated a complex demographic and economic evolution over the past decade. While maintaining its overall status as a "White Majority" community, it has experienced periods of increased diversity and significant economic fluctuations. These changes likely reflect broader urban trends and may have implications for community cohesion, local businesses, and future development in the area.
