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Demographic Analysis of John Knox Village: A Low Diversity, White Majority Retirement Community in Pompano Beach, Florida
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
John Knox Village in Pompano Beach, Florida, is a life care retirement community that exhibits a Low Diversity demographic profile with a White Majority. In 2022, the White population comprised 90% of the community. The neighborhood has experienced significant economic changes over the past decade, with median income increasing from $19,814 in 2013 to $53,504 in 2022.
Throughout the analyzed period from 2013 to 2022, John Knox Village has consistently maintained a Low Diversity profile with a strong White Majority. The White population percentage has remained relatively stable, ranging from 88% to 95%. There has been a slight increase in racial diversity, with the Black population growing from 0% in 2013 to 4% in 2022. The Two or More Races category has fluctuated, peaking at 8% in 2014 and settling at 5% in 2022. These changes suggest a very gradual trend towards increased diversity, though the community remains predominantly White.
The neighborhood has experienced substantial economic growth. Median income rose from $19,814 in 2013 to a peak of $57,214 in 2018, before slightly declining to $53,504 in 2022. This economic growth coincides with a slight increase in racial diversity, potentially indicating that the community has become more attractive to a wider range of retirees. The population has fluctuated, reaching a high of 585 in 2019 before decreasing to 480 in 2022, which could reflect changes in the retirement community's capacity or appeal.
As a retirement community, John Knox Village's demographic and economic trends differ from typical residential neighborhoods. The predominantly White population is consistent with many retirement communities in Florida, which often reflect the demographics of older generations. The significant increase in median income could be attributed to an influx of more affluent retirees or improved financial products for existing residents. The gradual increase in diversity, while small, may reflect broader national trends of increasing diversity among the retiring population.
In conclusion, while John Knox Village remains a Low Diversity, White Majority community, it has shown signs of gradual diversification and significant economic growth over the past decade. These changes could indicate evolving preferences and demographics among retirees in Florida, potentially influenced by broader national trends in retirement and diversity. The community's unique nature as a life care retirement village adds context to these trends, suggesting that changes in management, marketing, or services could also play a role in shaping its demographic and economic profile.
