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Demographics
Population
Median Income
Racial Distributions
Olde Providence North, a neighborhood in Charlotte, North Carolina, is classified as a "Low Diversity" community with a "White Majority." As of 2022, the white population constitutes 88% of the area, exceeding the 75% threshold for low diversity classification. The neighborhood has a median income of $135,583, which is above the national average. Olde Providence North features tree-lined streets and mid-century modern homes.
Over the past decade, Olde Providence North has maintained its "Low Diversity" status with a "White Majority." The white population has fluctuated between 85% and 93%. The Black population decreased from 7% in 2013 to 2% in 2022. The Hispanic population increased from 2% in 2013 to 6% in 2022. The Asian population remained stable at 1-2% throughout the decade.
The neighborhood's economic profile has remained affluent. The median income fluctuated between $111,870 (2019) and $144,892 (2017). The population ranged from 3,258 to 3,901 residents, with a slight overall increase from 2013 to 2022. The economic stability of the area may contribute to maintaining its demographic composition.
Olde Providence North's demographic trends contrast with broader national and regional patterns. The neighborhood has maintained its predominantly white composition while many urban areas have experienced increasing diversity. The growth in the Hispanic population aligns with national trends of increasing Latino populations in suburban areas. The decline in the Black population contrasts with the trend of increasing African American presence in many Southern suburban communities.
In conclusion, Olde Providence North has experienced minor shifts in its racial composition over the past decade. It remains a predominantly white, affluent enclave. The slow increase in Hispanic residents and decrease in Black residents indicate subtle demographic changes. However, these changes have not significantly altered the neighborhood's overall character. The area's economic stability and high property values likely contribute to maintaining its current demographic profile, potentially limiting opportunities for increased diversity in the near future.