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Demographics
Population
Median Income
Racial Distributions
Union Ridge, a neighborhood in Winston-Salem, North Carolina, exhibits a Moderate Diversity profile with a balanced distribution of racial groups. As of 2022, the neighborhood has a population of 2,086 and a median income of $58,856. Union Ridge has experienced significant population growth over the past decade, nearly doubling in size since 2010.
Union Ridge has undergone a transformation in its racial composition over the past decade. In 2013, the neighborhood had a White Plurality, with white residents comprising 49% of the population. By 2022, the community had transitioned to a Majority-Minority status, with no single racial group constituting a majority. The Hispanic population has seen the most substantial growth, increasing from 20% in 2013 to 32% in 2022. The white population decreased from 49% to 30% over the same period. The Black population has remained relatively stable, between 23-30% throughout the decade.
The demographic shifts in Union Ridge have been accompanied by fluctuations in median income. From 2013 to 2018, there was an upward trend in median income, peaking at $62,477 in 2018. Since then, there has been a slight decline, with the 2022 median income at $58,856. The period of income growth coincided with the initial stages of increased diversity, particularly the growth of the Hispanic population. The subsequent income decline aligns with the acceleration of demographic changes and the transition to a Majority-Minority community.
The population of Union Ridge has grown substantially, from 967 in 2010 to 2,086 in 2022. This rapid growth may have contributed to the demographic shifts and could be influencing economic trends as the community adapts to its changing composition.
The demographic changes in Union Ridge reflect broader national trends of increasing diversity in urban and suburban areas. The growth of the Hispanic population aligns with nationwide patterns of Hispanic population growth and geographic dispersion beyond traditional settlement areas. The economic fluctuations seen in Union Ridge are not uncommon in transitioning neighborhoods. Often, as communities become more diverse, there can be initial economic growth due to increased dynamism and new business opportunities. However, rapid changes can also lead to temporary economic challenges as the community adjusts to new demographics and economic patterns.
The population growth in Union Ridge outpaces the national average, suggesting that this neighborhood may be particularly attractive to new residents, possibly due to affordable housing options or employment opportunities in the broader Winston-Salem area. Union Ridge exemplifies a community in transition, moving from a predominantly white neighborhood to a diverse, majority-minority area. This transition brings both opportunities and challenges, as reflected in the economic trends. As the community continues to evolve, it will be important to monitor how these demographic shifts influence local economic development, community cohesion, and overall quality of life for residents.