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Demographic Analysis of Zip Code 33618: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 33618 in Carrollwood, Florida, is categorized as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 61% of the total, while Hispanic residents comprise 26%. The area has experienced steady population growth over the past decade, reaching 26,229 residents in 2022. The community's median income has fluctuated, with a peak in 2021 followed by a decrease in 2022.
Over the past decade, Carrollwood has been transitioning from a "Low Diversity" community towards a more diverse demographic makeup. In 2013, the white population constituted 68% of the total, bordering on the "Low Diversity" category. By 2022, this percentage had decreased to 61%, placing the community in the "White Majority" category with increasing diversity.
The Hispanic population has shown the most significant growth, increasing from 24% in 2013 to 26% in 2022. This trend, along with modest increases in Asian and multi-racial populations, indicates that Carrollwood is becoming a "Transitional Community." If these trends continue, the area could potentially shift towards a "Moderate Diversity" or "Majority-Minority" status in the coming years.
The median income in Carrollwood has shown overall growth from 2013 to 2022, with fluctuations. There was a significant increase in 2021, reaching $99,790, followed by a decrease to $72,430 in 2022. This volatility may be attributed to economic disruptions caused by the COVID-19 pandemic and its aftermath.
The periods of increasing diversity seem to correlate with overall income growth. From 2013 to 2019, as the community became more diverse, the median income steadily increased from $71,649 to $80,786. This suggests that increased diversity may be associated with economic opportunities and growth in the area.
The demographic shifts observed in Carrollwood align with broader national trends of increasing diversity in suburban areas. Many suburbs across the United States have been experiencing similar transitions, with growing Hispanic and Asian populations contributing to increased diversity.
The economic trends in Carrollwood, particularly the sharp increase and subsequent decrease in median income between 2021 and 2022, reflect the economic volatility experienced nationwide due to the pandemic. However, the overall growth in median income over the decade suggests that Carrollwood has maintained a relatively strong economic position despite demographic changes.
Carrollwood represents a community in transition, moving from low diversity towards moderate diversity while maintaining a white majority. The economic indicators suggest that this increasing diversity has not negatively impacted the area's prosperity, and may be contributing to its economic resilience. As the community continues to evolve, it will be important to monitor how these demographic shifts influence local policies, community cohesion, and economic opportunities for all residents.
