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Demographics
Population
Median Income
Racial Distributions
The Woodlake neighborhood in Carrollton, Texas is classified as a "Majority-Minority" community with "Moderate Diversity" as of 2022. The Hispanic population constitutes a plurality at 45%, followed by White (31%) and Asian (11%) populations. Woodlake has experienced demographic shifts and economic changes over the past decade. The neighborhood's proximity to the Old Downtown Carrollton area, which has undergone revitalization, may influence its demographics and economic trends.
From 2013 to 2022, Woodlake maintained its "Majority-Minority" status. The Hispanic population remained the largest group, fluctuating between 44-49%. The White population decreased slightly from 30% to 31%. The Asian population increased from 10% to 11%. The Black population remained stable at 9-12%. These trends indicate a subtle shift towards increased representation of Asian and Hispanic populations.
The median income in Woodlake has shown significant growth. In 2013, it was $57,233, increasing to $71,498 by 2022, representing a 24.9% growth. A substantial increase occurred from 2020 ($75,731) to 2021 ($83,951), followed by a decrease in 2022. This upward trend in median income correlates with the demographic shifts, particularly the slight increase in the Asian population. Population figures have remained relatively stable, fluctuating between 6,500 and 7,800 residents, with 7,719 residents in 2022.
The demographic trends in Woodlake align with broader national trends of increasing diversity in suburban areas. The growth in Hispanic and Asian populations mirrors national patterns of these groups moving into suburban neighborhoods. The significant increase in median income, particularly from 2020 to 2021, may relate to broader economic trends during the COVID-19 pandemic, where many suburban areas experienced increased demand and rising property values.
The maintenance of a "Majority-Minority" status with "Moderate Diversity" reflects the changing demographics of American suburbs, moving away from historically White-majority populations. This trend is notable in Texas, where Hispanic population growth has been a significant factor in demographic changes across the state.
Woodlake represents a microcosm of broader demographic shifts occurring in many American suburbs, particularly in diverse states like Texas. The neighborhood's evolution over the past decade reflects a gradual increase in diversity coupled with significant economic growth, positioning it as a dynamic and changing community within the larger Carrollton area.