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Demographics
Population
Median Income
Racial Distributions
Peachtree Heights West, a neighborhood in Atlanta, Georgia, is classified as a "Low Diversity" community with a white majority. As of 2022, the racial composition of the neighborhood is 73% white, with a median income of $90,286. The area is characterized by tree-lined streets and proximity to upscale shopping districts like Buckhead, making it a desirable residential location within Atlanta.
Over the past decade, Peachtree Heights West has maintained its status as a "Low Diversity" community with a white majority. The white population has decreased from 82% in 2015 to 73% in 2022. The black population has fluctuated, reaching a low of 12% in 2015 and a high of 19% in 2020, before returning to 12% in 2022. The Asian population has increased from 1% in 2013 to 6% in 2022. The Hispanic community has doubled from 3% in 2013 to 6% in 2022.
The neighborhood has experienced economic fluctuations over the past decade. Median income rose from $96,765 in 2013 to a peak of $122,147 in 2021, an increase of over 26%. However, there was a sharp decline in median income to $90,286 in 2022, a decrease of about 26% from the previous year. The population has remained relatively stable, peaking at 4,367 in 2019 and declining slightly to 3,851 in 2022.
The gradual diversification of Peachtree Heights West aligns with broader trends in many affluent, predominantly white neighborhoods across the United States. Many such areas are experiencing slow but steady increases in diversity, particularly with growth in Asian and Hispanic populations.
The sharp decline in median income in 2022 is noteworthy and may be related to broader economic factors affecting high-income areas. This trend would need to be compared with other affluent neighborhoods in Atlanta and similar cities to determine if it's a localized phenomenon or part of a larger pattern.
The neighborhood's consistent status as a high-income area suggests it remains an attractive location for affluent residents of various backgrounds. The gradual increase in diversity, while maintaining high property values and incomes, indicates a pattern of inclusive growth rather than displacement or rapid gentrification.
In conclusion, while Peachtree Heights West remains a "Low Diversity" community with a strong white majority, it shows signs of gradual diversification. This trend, combined with its economic resilience, suggests a slow but steady evolution towards a more diverse, yet still affluent, neighborhood profile.