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Demographics
Population
Median Income
Racial Distributions
Randallstown, Maryland, is classified as a "Black Majority" community with a median income of $84,842 as of 2022. The city's demographic composition demonstrates a clear racial majority, with 75% of the population identifying as Black. This places Randallstown in the "Low Diversity" category, though it is approaching the threshold for "Moderate Diversity" as other racial groups begin to show increased representation.
Over the past decade, Randallstown has maintained its status as a "Black Majority" community. However, subtle shifts are occurring. The Black population has slightly decreased from 78% in 2013 to 75% in 2022. The Hispanic population has doubled from 2% to 4% between 2013 and 2022. The Asian population has increased from 1% to 2% in the same period. The White population has remained relatively stable at around 14-16%. These changes indicate that Randallstown is slowly transitioning towards increased diversity, potentially moving from "Low Diversity" to "Moderate Diversity" in the coming years if current trends continue.
The median income in Randallstown has shown overall growth from $82,170 in 2013 to $84,842 in 2022, an increase of about 3.25% over nine years. This growth has not been consistent. There was a significant increase from 2013 to 2018, with median income reaching $89,168. A slight decline occurred from 2019 to 2022, dropping from $88,731 to $84,842. This economic trend correlates with the gradual diversification of the population. As the community becomes slightly more diverse, it has maintained a relatively stable economic profile, suggesting that the incoming populations are generally in similar economic brackets to the existing residents.
Randallstown's median income of $84,842 is likely above the national average, indicating a relatively affluent community. The gradual increase in diversity, particularly with growth in Hispanic and Asian populations, aligns with broader national trends of increasing diversity in suburban areas.
Based on the observed trends, Randallstown is likely to continue its gradual transition towards greater diversity over the next decade. We can predict a continued slow decrease in the Black majority, potentially dropping below 70% in the next 5-10 years. Continued growth in Hispanic and Asian populations, possibly reaching 6-8% and 3-4% respectively, is expected. A potential increase in the "Two or More Races" category as interracial families become more common may occur. Economically, if current trends persist, we might see a stabilization or slight increase in median income as the community diversifies.
Given these projections, Randallstown could transition from its current "Low Diversity" category to a "Moderate Diversity" category within the next decade. While it is likely to remain a "Black Majority" community, it may be on the path to becoming a "Transitional Community" if the rate of demographic change accelerates. This gradual shift towards increased diversity, coupled with a stable economic profile, suggests that Randallstown is evolving into a more multicultural suburb while maintaining its economic character. This transition could bring both opportunities and challenges as the community adapts to a changing demographic landscape.