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Demographic Analysis of Upper Grand Lagoon, Florida: A Low Diversity Community with Increasing Racial Representation
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Upper Grand Lagoon, Florida, is classified as a "Low Diversity" community with a White Majority. The white population comprises 80% of the total in 2022. The neighborhood has experienced moderate economic growth over the past decade. The median income increased from $54,299 in 2013 to $67,746 in 2022. Upper Grand Lagoon is a coastal community located near Panama City Beach.
Over the past decade, Upper Grand Lagoon has maintained its status as a "Low Diversity" community with a White Majority. However, subtle shifts towards increased diversity have occurred. The white population decreased from 84% in 2013 to 80% in 2022. The Hispanic population increased from 6% to 8%, and the Asian population grew from 1% to 2% during this period. The Black population increased slightly from 4% to 6%.
The economic landscape of Upper Grand Lagoon has shown positive growth over the decade. Median income increased by approximately 24.8% from 2013 to 2022. A notable spike in median income occurred in 2021, reaching $76,275, followed by a decrease in 2022. The population experienced fluctuations, peaking at 27,941 in 2018 before declining to 25,204 in 2022.
The gradual increase in diversity correlates with the overall increase in median income, suggesting that the area may be attracting a more diverse, affluent population. The recent population decline might indicate changing dynamics in the area, possibly related to housing costs or other economic factors.
Upper Grand Lagoon remains less diverse than many urban areas in Florida. Its slow trend towards increased diversity aligns with broader national trends of increasing racial diversity in suburban and coastal areas. The economic growth in the area is consistent with trends seen in many desirable coastal communities across the United States.
The area's status as a predominantly white, affluent coastal community is not uncommon for Florida's gulf coast. The gradual increase in diversity, particularly in the Hispanic and Asian populations, may reflect broader demographic shifts occurring throughout the state and nation.
The economic resilience of the area, maintaining a high median income even through recent challenges, suggests that Upper Grand Lagoon remains an attractive location for residents and potentially new arrivals. This economic stability, combined with the slow but steady increase in diversity, may position the community for further demographic changes in the coming years, potentially moving it towards a "Moderate Diversity" classification if current trends continue.
