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Demographic Analysis of Zip Code 33134: A Hispanic-Majority Community in Coral Gables, Florida
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 33134 in Coral Gables, Florida, represents a "Racial Majority" community as of 2022. The Hispanic population comprises 77% of the total population. The median income in this area is $86,189, indicating an affluent, predominantly Hispanic enclave within the Miami metropolitan area.
Over the past decade, this zip code has maintained its status as a "Racial Majority" community with a dominant Hispanic population. The Hispanic population increased from 75% in 2013 to 77% in 2022. Conversely, the white population decreased from 22% in 2013 to 20% in 2022. Other racial groups, including Asian and Black populations, have remained consistently low. From 2021, there is a notable emergence of individuals identifying as two or more races (1%).
The economic trends in this zip code show interesting patterns. The median income has fluctuated significantly, ranging from $80,313 in 2018 to $100,856 in 2021. The overall trend indicates a general increase in affluence, with the 2022 median income of $86,189 being higher than the 2013 figure of $85,844. The population peaked in 2017 at 42,665 and has since declined to 38,414 in 2022. This decline coincides with the period of highest income growth.
The demographic and economic trends in this zip code reflect broader patterns observed in many urban areas with large Hispanic populations. The maintenance of a strong Hispanic majority aligns with trends seen in established Hispanic enclaves in major U.S. cities. The overall increase in median income mirrors national trends of economic advancement in many Hispanic-majority areas, particularly in urban centers. The small but noticeable increase in multi-racial identification reflects a national trend towards more complex racial identities.
The recent population decline, coupled with income growth, is reminiscent of patterns seen in gentrifying urban areas across the U.S. Despite population fluctuations, the area has maintained a high median income, indicating economic resilience likely supported by its stable Hispanic majority demographic.
In conclusion, zip code 33134 in Coral Gables has maintained its status as a Hispanic-majority area with high affluence. Subtle shifts in demographics and significant economic fluctuations point to a dynamic community experiencing gradual changes. These changes suggest ongoing socio-economic evolution that may continue to shape the community's character in the coming years.
