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Demographic Analysis of Lake Weldona: A Low-Diversity, White-Majority Neighborhood in Orlando
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Lake Weldona, a neighborhood in Orlando, Florida, exhibits a demographic profile characterized by low diversity with a white majority. As of 2022, the neighborhood has a population of 338 residents and a median income of $169,307. This affluent area is notable for its small population and high income levels, suggesting an exclusive residential location within the Orlando metropolitan region.
Over the past decade, Lake Weldona has maintained its status as a white-majority community, with the white population comprising over 85% of residents. From 2013 to 2016, the neighborhood exhibited extremely low diversity, with the white population accounting for 96-97% of residents. From 2017 onwards, there has been a slight increase in diversity. The Hispanic population grew from 2% in 2016 to 8% in 2022, indicating a gradual transition towards slightly more diversity, though still within the low diversity category.
The Asian population fluctuated, peaking at 5% in 2017 but settling at 1% by 2022. By 2022, the emergence of a small "two or more races" category (3%) further suggests a slow trend towards increased diversity. Despite these changes, Lake Weldona remains categorized as low diversity, with the white population at 88% in 2022.
The neighborhood has experienced significant economic growth over the past decade. Median income rose from $106,134 in 2013 to $169,307 in 2022, an increase of nearly 60%. A notable increase occurred between 2019 and 2020, with median income rising from $115,278 to $167,770, coinciding with a population increase from 260 to 363 residents. The population has grown overall, from 206 in 2013 to 338 in 2022, suggesting increased desirability of the neighborhood.
These economic trends correlate with the demographic shifts. The substantial income increase coincides with a slight increase in diversity, particularly in the Hispanic population. The neighborhood's ability to maintain high income levels while slightly diversifying suggests that new residents are likely high-income earners from diverse backgrounds.
Lake Weldona's median income of $169,307 in 2022 is significantly higher than the national median household income, which was around $70,784 in 2021. The neighborhood's racial composition differs from Orlando as a whole, which is known for its diverse population with significant Hispanic and Black communities. The trend of increasing diversity, albeit slow, aligns with broader national trends towards more diverse communities, especially in urban and suburban areas.
Lake Weldona represents a unique, highly affluent enclave within Orlando that has maintained its status as a predominantly white, low-diversity neighborhood despite subtle shifts towards increased diversity over the past decade. Its economic trajectory suggests it remains a highly desirable area, attracting high-income residents from various backgrounds, though at a pace that has not significantly altered its overall demographic composition.
