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Demographics
Population
Median Income
Racial Distributions
Cypress Bend Homeowners Association in Clearwater, Florida, is a Low Diversity community with a White Majority. In 2022, 92% of the population identified as white. The neighborhood's population was 766 with a median income of $53,612 in 2022. The community is known for its well-maintained green spaces and community-oriented lifestyle.
Cypress Bend has maintained its status as a Low Diversity community with a White Majority throughout the observed period. From 2013 to 2016, the white population was 92-96%. From 2017 to 2021, there was a slight increase in diversity, with small percentages of Asian residents and those identifying as two or more races. By 2022, the community returned to its previous low diversity state, with 92% white population.
The economic trends in Cypress Bend show a decline over the past decade. The median income peaked in 2013 at $78,178 and decreased to $53,612 in 2022. This 31% decrease in median income occurred despite population fluctuations, suggesting economic challenges independent of population changes. The period of slight increase in diversity between 2017-2021 coincided with the steepest decline in median income.
The persistent Low Diversity status of Cypress Bend contrasts with national trends towards increasing diversity in many urban and suburban areas. The decline in median income over the decade is notable, especially given that many areas have seen income growth during this period of economic recovery following the 2008 recession. The community's resistance to significant demographic change, despite economic challenges, suggests strong community ties or other factors that maintain its current composition.
Cypress Bend Homeowners Association presents a case of a community that has maintained its low diversity status despite economic pressures and minor demographic fluctuations. The significant decline in median income over the past decade, coupled with population fluctuations, indicates economic challenges that have not substantially altered the racial makeup of the community. This stability in racial composition, despite economic changes, may suggest strong community bonds or other attractive features of the neighborhood that continue to appeal to its predominantly white population.