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Demographic Analysis of Palm Valley, Florida (ZIP 32082): Low Diversity with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Palm Valley, Florida (ZIP code 32082) is a Low Diversity community with a White Majority. The white population comprises 87% of the area as of 2022, exceeding the 75% threshold for low diversity. The community has a median income of $124,218, which is above the national average.
Over the past decade, Palm Valley has maintained its status as a Low Diversity, White Majority community. There are signs of increasing diversity. The white population decreased from 91% in 2013 to 87% in 2022. The Hispanic population increased from 4% to 6% between 2013 and 2022. The Black population rose from less than 1% to 2% over the same period. The population identifying as two or more races increased from 1% to 3%.
The median income in Palm Valley has grown over the past decade. In 2013, it was $118,324. In 2022, it reached $124,218. This represents a 5% increase in median income. The highest median income was recorded in 2021 at $133,749, with a slight decrease in 2022.
The population has remained stable, fluctuating between approximately 29,000 and 33,000 residents over the decade. This stability, combined with increasing income levels, suggests a desirable community with limited new development or expansion.
Palm Valley's demographic changes are occurring at a slower pace compared to national trends. The area's high median income and slow demographic shifts indicate a stable, affluent community that may be gradually becoming more accessible or attractive to a diverse population.
The slight decrease in median income from 2021 to 2022 could reflect broader economic trends, such as the impact of the COVID-19 pandemic or inflation. However, the overall economic trajectory remains positive.
Palm Valley represents a wealthy, predominantly white community experiencing slow but noticeable diversification. While it remains categorized as Low Diversity with a White Majority, the gradual changes in racial composition, coupled with strong economic indicators, suggest that the area may be in the early stages of transitioning towards greater diversity. This trend, if continued, could lead to a shift in community dynamics and potentially influence local policies, services, and cultural offerings in the coming years.
