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Demographics
Population
Median Income
Racial Distributions
The Holden-Parramore neighborhood in Orlando, Florida, is characterized as a "Low Diversity" area with a significant Black majority of 79% as of 2022. The median income in 2022 was $27,956, which is below the national average. Holden-Parramore is notable for its cultural heritage and historical importance in Orlando's African American history.
Over the past decade, Holden-Parramore has maintained its "Low Diversity" status with a consistent Black majority. The Black population has remained between 75% and 83% from 2013 to 2022. The white population increased slightly from 7% to 10%, while the Hispanic population decreased from 12% to 9% during this period. The neighborhood has not transitioned to a different diversity category.
The median income in Holden-Parramore has shown an overall upward trend with fluctuations. In 2013, the median income was $22,123, increasing to $27,956 by 2022, a 26% increase. The lowest point was $21,964 in 2014, and the highest was $28,044 in 2020. Concurrently, the population decreased significantly from 3,397 in 2013 to 1,896 in 2022, a 44% decline.
The demographic stability combined with economic fluctuation suggests that while racial composition remained constant, economic factors led to substantial out-migration. This may indicate that improved economic conditions allowed some residents to relocate, while those who stayed experienced modest income improvements.
Holden-Parramore's persistent Black majority contrasts with national trends towards increasing diversity in urban areas. Unlike many cities experiencing gentrification and demographic shifts in historically Black neighborhoods, Holden-Parramore has maintained its cultural identity. However, the significant population decrease is notable and may reflect issues related to urban development, housing affordability, or economic opportunities.
The median income growth in Holden-Parramore, though positive, still leaves the neighborhood well below the national median household income, which was approximately $70,784 in 2021. This disparity highlights the ongoing economic challenges faced by this community, despite some improvements over the decade.
The neighborhood's demographic stability amid economic changes and population decline presents a complex situation of a community maintaining its cultural identity while facing significant socio-economic pressures. This scenario suggests a need for targeted economic development initiatives to improve residents' living conditions while preserving the area's historical and cultural significance.