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Demographics
Population
Median Income
Racial Distributions
Twin Lakes, a neighborhood in Las Vegas, Nevada, is categorized as a "Hispanic Majority" community as of 2022, with 60% of the population identifying as Hispanic. The median income is $59,268. The neighborhood's proximity to the Las Vegas Strip likely influences its demographic makeup and economic characteristics.
Over the past decade, Twin Lakes has undergone a transformation in its racial composition. In 2013, the neighborhood was classified as a "Hispanic Majority" with 58% Hispanic population, increasing to 60% by 2022. The White population has declined from 25% in 2013 to 22% in 2022. The Black population has remained relatively stable, between 10-13% throughout the decade.
The Asian and Two or More Races categories have shown slight increases, from 3% to 4% and 1% to 3% respectively, indicating a gradual increase in diversity within the non-Hispanic population.
The median income in Twin Lakes has shown an upward trend, rising from $43,865 in 2013 to $59,268 in 2022, a 35% increase over the decade. This economic growth appears to have occurred alongside the strengthening of the Hispanic majority. The population of Twin Lakes has grown from 11,925 in 2013 to 12,501 in 2022, an increase of about 4.8%.
The demographic trends in Twin Lakes mirror broader national patterns of increasing Hispanic populations in urban areas. The economic growth in Twin Lakes is significant, outpacing the national median income growth rate over the same period. This could suggest that the neighborhood is benefiting from Las Vegas's overall economic development.
The slight increase in diversity within the non-Hispanic population aligns with national trends of increasing racial diversity in urban areas. However, the strong Hispanic majority distinguishes Twin Lakes from many other diversifying neighborhoods across the country.
Twin Lakes presents a case of a strengthening Hispanic Majority community with concurrent economic growth. This trend suggests an evolving neighborhood that may be attracting Hispanic residents due to cultural factors, economic opportunities, or both. The economic growth alongside demographic shifts indicates a potentially positive integration of the Hispanic community into the local economy.