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Demographic Analysis of Glen Oaks Estates: A Study of Racial Composition and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Glen Oaks Estates, a neighborhood in Sarasota, Florida, exhibits characteristics of Low Diversity with a strong White Majority. As of 2022, the white population comprises 85% of the neighborhood, with a median income of $52,635. This affluent, predominantly white community is situated in Sarasota, known for its beaches and cultural attractions, which may contribute to its demographic makeup.
Over the past decade, Glen Oaks Estates has consistently maintained its status as a Low Diversity, White Majority neighborhood. The percentage of white residents has fluctuated slightly, ranging from a high of 93% in 2016 to a low of 84% in 2021. There has been a gradual increase in the Hispanic population, from 7% in 2013 to 9% in 2021, before settling at 7% in 2022. Asian and Black populations have maintained relatively stable, small percentages throughout the decade, typically ranging from 1-4% each. The 2022 data shows the first appearance of a "two or more races" category at 2%.
The median income in Glen Oaks Estates has shown overall growth from 2013 to 2022. The median income increased from $44,600 in 2013 to $52,635 in 2022, representing an 18% increase over nine years. There were notable fluctuations, with a peak of $54,691 in 2018, followed by a slight decline and stabilization around $52,600 in recent years. The period of highest income (2018) coincided with a slight dip in the white population percentage (87%) and an increase in the Hispanic population (9%).
Population trends have remained relatively stable, hovering around 500-550 residents throughout the decade, with no clear correlation to income or racial composition changes.
Glen Oaks Estates has maintained its Low Diversity status, while many urban areas across the United States have been experiencing increasing diversity. The neighborhood's resistance to significant demographic change might be attributed to its small size and potentially limited housing turnover. The income growth in Glen Oaks Estates aligns with broader economic trends seen in many affluent communities post-2008 recession, reflecting overall economic recovery and growth. However, the stability of its racial composition contrasts with national trends towards increasing diversity in suburban areas.
The subtle increases in Hispanic and multi-racial populations, though small, mirror larger national demographic shifts, suggesting that even this predominantly white neighborhood is not entirely immune to broader demographic changes occurring across the country. While Glen Oaks Estates has experienced some economic growth and subtle demographic shifts over the past decade, it remains a relatively stable, affluent, predominantly white community. The emerging signs of increased diversity, however minor, may indicate the beginning of a slow transition that could reshape the neighborhood's character in the coming decades.
