Beacon Hill, a neighborhood in Lakeland, Florida, is predominantly White with a median income of $70,473 as of 2022. The neighborhood has shown increasing diversity over the past decade, though it remains categorized as Low Diversity. Beacon Hill has experienced population fluctuations, increasing from 406 residents in 2020 to 553 in 2022, suggesting a recent influx of new residents potentially reshaping the community's demographic landscape.

Over the past decade, Beacon Hill has maintained its status as a White Majority neighborhood. In 2013, the neighborhood exhibited extremely Low Diversity, with 95% of the population identified as white. By 2016, while still a White Majority, the community showed signs of becoming a Transitional Community, with the Hispanic population increasing from 5% in 2013 to 15% in 2016. From 2017 to 2022, the neighborhood has maintained a White Majority but has shown characteristics of Moderate Diversity, with increased representation from Hispanic, Black, and Asian populations. The most recent data from 2022 shows the white population at 79%, indicating a slow but steady trend towards greater diversity, though still falling under the Low Diversity category.

The median income in Beacon Hill has shown volatility over the past decade, potentially correlating with demographic shifts. From 2013 to 2015, there was a significant drop in median income from $59,641 to $44,820, coinciding with initial increases in diversity. The period from 2016 to 2020 saw a steady increase in median income, rising from $61,363 to $70,473, as the community became more diverse. An anomalous spike in median income to $97,180 occurred in 2021, followed by a return to $70,473 in 2022. This coincided with a substantial population increase, suggesting an influx of higher-income residents that may have temporarily skewed the data.