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Demographics
Population
Median Income
Racial Distributions
Bryant Park, a neighborhood in Lake Worth Beach, Florida, is characterized as a White Majority community with Low Diversity as of 2022. The neighborhood has a population of 2,711 and a median income of $94,342. Bryant Park is known for its historic charm, featuring many early 20th-century cottages and bungalows that contribute to its unique character within Lake Worth Beach.
Over the past decade, Bryant Park has maintained its status as a White Majority community. The percentage of white residents has remained above 85% throughout the period. The Hispanic population increased from 7% in 2013 to 10% in 2018, before declining to 5% in 2022. The Black population has ranged from 1% to 6% over the years. The Asian population has grown from 0% in 2013 to 2% in 2022. These changes indicate a slight trend towards increased diversity, though not enough to shift the neighborhood out of the Low Diversity category.
The median income in Bryant Park has seen significant growth over the past decade. In 2013, the median income was $73,354. By 2022, it had increased to $94,342, representing a 28.6% growth over nine years. This increase in median income correlates with the maintenance of the White Majority status and could indicate gentrification processes. The rising incomes might be attracting more affluent residents while potentially pricing out some lower-income families, which could explain the slight decrease in the Hispanic population in recent years.
Population figures show a U-shaped trend. The population declined from 2,439 in 2010 to a low of 1,826 in 2015. Since then, it has steadily increased, reaching 2,711 in 2022. This trend might reflect initial outmigration followed by renewed interest in the neighborhood, possibly due to urban renewal efforts or increased desirability as incomes rose.
The trends in Bryant Park align with broader patterns seen in many urban areas across the United States. The rising median income and slight demographic shifts are indicative of gentrification processes observed in many historic urban neighborhoods. Despite remaining predominantly white, the small increases in minority populations reflect a gradual diversification trend seen in many suburban and urban areas. The 28.6% increase in median income over nine years outpaces the national average, suggesting Bryant Park is becoming an increasingly affluent area within Lake Worth Beach. The recovery and growth in population after 2015 could indicate successful urban renewal efforts or increased attractiveness of the neighborhood, possibly due to its historic character in combination with rising property values.
Bryant Park has maintained its status as a White Majority, Low Diversity community over the past decade. Subtle shifts in demographics and significant economic growth suggest a neighborhood in transition. The rising incomes and rebounding population point to increasing desirability, which may continue to shape the demographic and economic landscape of this historic neighborhood in the coming years.