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Demographic Analysis of Zip Code 34654: Racial Composition and Economic Trends (2013-2022)
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 34654 in Moon Lake, Florida, is classified as a "White Majority" community with a population of 24,208 and a median income of $58,965 as of 2022. The area has experienced gradual changes in its racial composition over the past decade. While still predominantly white (81%), the community has shown a trend towards increasing diversity.
From 2013 to 2022, Moon Lake has maintained its status as a "White Majority" community. However, there are indications of a gradual shift towards greater diversity. The white population has decreased from 91% in 2013 to 81% in 2022. The Hispanic population has grown from 6% to 10%, the Black population has increased from 1% to 4%, and the Asian population has risen from 1% to 3% during this period. These changes suggest a trend towards a "Transitional Community," indicating a slow but steady diversification.
The demographic shifts correlate with changes in median income. From 2013 to 2022, the median income increased from $53,089 to $58,965, a growth of about 11%. There was a significant spike in median income in 2021 to $70,113, followed by a sharp decline in 2022. The population has grown from 22,323 in 2013 to 24,208 in 2022, an increase of about 8.4%. The overall trend of increasing median income alongside growing diversity suggests that the area may be attracting a more diverse, potentially skilled workforce.
The trend of increasing diversity in Moon Lake aligns with broader national trends of growing diversity in many American communities. The area's median income growth of 11% over a decade is modest and may be in line with or slightly below national averages, depending on inflation rates during this period. The sharp income fluctuations in 2021-2022 likely reflect national economic trends related to the pandemic, including temporary income boosts from government aid followed by inflationary pressures.
Moon Lake represents a "White Majority" community in transition. While still predominantly white, it is experiencing a gradual increase in diversity, particularly among Hispanic, Black, and Asian populations. This demographic shift has been accompanied by modest economic growth, though recent years have seen significant income volatility. These trends suggest that Moon Lake is slowly evolving towards a more diverse community, potentially reflecting broader national demographic shifts.
