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Demographics
Population
Median Income
Racial Distributions
River Walk, a neighborhood in West Palm Beach, Florida, exhibits a demographic profile categorized as a "White Majority" community. As of 2022, the white population comprises 72% of the neighborhood, with a Hispanic presence of 20%. The median income is $62,296 in 2022. River Walk is situated along the Intracoastal Waterway.
Over the past decade, River Walk has experienced demographic changes. In 2013, the neighborhood was classified as "Low Diversity," with a white population of 78%. By 2020, it transitioned to a "Moderate Diversity" category, with the white population decreasing to 52% and the Hispanic population increasing to 33%. By 2022, the neighborhood reverted to a "White Majority" classification.
The Hispanic population has shown significant growth, increasing from 12% in 2013 to 20% in 2022, with a peak of 33% in 2020. This trend suggests an influx of Hispanic residents.
The median income in River Walk has decreased over the past decade, from $78,627 in 2013 to $62,296 in 2022. This 20.8% decrease correlates with the increasing diversity of the neighborhood. The most significant drop in median income occurred between 2013 and 2015.
The population has remained relatively stable, fluctuating between 1,388 and 1,688 residents over the decade. This stability suggests that the demographic changes are likely due to resident turnover rather than significant new development or population influx.
The demographic shifts observed in River Walk align with broader trends seen in many suburban areas across the United States, where increasing diversity is reshaping traditionally homogeneous communities. The growth of the Hispanic population reflects national trends of Hispanic population growth in suburban areas.
The decrease in median income is atypical for a waterfront neighborhood in Florida. This trend in River Walk may indicate unique local factors affecting property values or changes in the job market of West Palm Beach.
The reversion to a "White Majority" status in recent years, after a period of increasing diversity, is a phenomenon that warrants further investigation. It could be indicative of broader socio-economic factors affecting housing affordability or changes in local employment opportunities.
River Walk has experienced a complex demographic evolution over the past decade, transitioning from a low-diversity community to one with moderate diversity and then reverting to a white majority, albeit with a more diverse composition than before. These changes, coupled with the decline in median income, suggest a neighborhood in flux, potentially influenced by broader regional economic and demographic trends.