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Cherokee Park: A Study of Low Diversity and White Majority in a Sarasota Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Cherokee Park, a neighborhood in Sarasota, Florida, is classified as a Low Diversity community with a White Majority. As of 2022, 90% of the population identifies as white, with a median income of $116,760. The neighborhood is located near Sarasota Bay and features tree-lined streets, making it a desirable location for upscale residential living.
Over the past decade, Cherokee Park has maintained its status as a Low Diversity community with a White Majority. From 2013 to 2016, there was a slight decrease in the white population from 97% to 88%. By 2020, the white population increased again to 95%. The Hispanic population fluctuated, peaking at 8% in 2021 before settling at 6% in 2022. The Asian population grew to 2% by 2022. Despite these minor changes, Cherokee Park has not transitioned to a different diversity category throughout the observed period.
The neighborhood has experienced significant economic growth over the past decade. Median income increased from $48,806 in 2013 to $116,760 in 2022. There was a notable increase in median income between 2013 and 2014, from $48,806 to $80,262. Income growth continued steadily, reaching a peak of $123,528 in 2021 before slightly decreasing in 2022. This increase in median income correlates with the maintained White Majority and Low Diversity status of the neighborhood.
The rising affluence may have contributed to the area's ability to maintain its demographic composition, possibly through increasing property values and cost of living. Population trends show a decline from 297 in 2010 to 222 in 2022. This decrease, coupled with rising incomes, suggests a potential trend towards larger, more expensive homes and possibly smaller household sizes.
Cherokee Park's demographic and economic trends align with patterns often seen in affluent, established neighborhoods in desirable locations. The maintained White Majority and increasing median income reflect a common pattern in high-value suburban areas. The slight increase in diversity, particularly with growth in Hispanic and Asian populations, mirrors broader national trends of increasing diversity in suburban areas, albeit at a much slower pace in Cherokee Park. The significant income growth outpaces national averages, indicating that Cherokee Park has become increasingly exclusive over the past decade.
Cherokee Park represents a stable, affluent, predominantly white neighborhood that has seen substantial economic growth while maintaining its low diversity status. The subtle increases in minority populations, particularly Hispanic and Asian residents, suggest a very slow trend towards increased diversity, but this change is happening at a much slower rate than national averages. The neighborhood's economic trajectory indicates it will likely remain an exclusive and desirable area within Sarasota for the foreseeable future.
