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Demographics
Population
Median Income
Racial Distributions
Bay Colony Club in Fort Lauderdale, Florida, exhibits a Low Diversity demographic profile, with a White Majority comprising 81% of the population as of 2022. This coastal neighborhood is known for its waterfront properties and exclusive lifestyle, which is reflected in its demographic makeup and economic indicators.
Throughout the analyzed period (2013-2022), Bay Colony Club has consistently maintained a Low Diversity profile with a strong White Majority. The percentage of white residents has remained relatively constant, ranging from 76% to 83% over the decade. There has been a slight fluctuation in the Hispanic population, peaking at 16% in 2013-2014 and settling at 12% in 2022. A small but notable increase in the Asian population occurred between 2015 and 2019, peaking at 6% before declining to 0% in 2022. The category of Two or More Races emerged in recent years, reaching 8% in 2021 before settling at 6% in 2022.
The median income in Bay Colony Club has fluctuated over the years. The highest median income was recorded in 2019 at $59,450. There has been a noticeable decrease in median income from 2019 to 2022, dropping to $53,069. Despite fluctuations, the median income has remained relatively stable over the decade, generally ranging between $50,000 and $60,000. The population has also shown some variability. The highest population was 225 in 2021. There was a decrease to 202 residents in 2022. The population has remained relatively stable, typically ranging between 200-225 residents.
The demographic profile of Bay Colony Club differs significantly from Fort Lauderdale as a whole, which is known for its greater diversity. While Fort Lauderdale has seen increasing diversity over the years, Bay Colony Club has maintained its predominantly white composition, likely due to its status as an exclusive, high-end neighborhood.
The slight increase in diversity, particularly the growth in multiracial residents, aligns with national trends towards increased racial mixing and identification as multiracial. However, the pace of this change in Bay Colony Club is slower than national averages.
The recent decline in median income, while notable, should be considered in the context of broader economic trends, including the impact of the COVID-19 pandemic on high-income areas. Despite this decline, the neighborhood's median income likely remains well above the national average, reflecting its status as an affluent enclave.
In conclusion, while Bay Colony Club shows signs of very gradual diversification, it remains a predominantly white, affluent neighborhood with a stable population and economic profile. The subtle shifts observed may indicate the beginning of longer-term demographic changes, but for now, the neighborhood maintains its distinctive character as an exclusive residential area within the more diverse Fort Lauderdale community.