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Demographic Analysis of Zip Code 34760: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 34760 in Oakland, Florida, is classified as a "White Majority" community with moderate diversity as of 2022. The racial composition consists of 56% white, 20% Black, and 16% Hispanic residents. The population has grown from 442 in 2010 to 735 in 2022. Median income has increased from $43,841 in 2013 to $78,323 in 2022.
Oakland has transitioned from a "Low Diversity" community to one with "Moderate Diversity" over the past decade. In 2013, the white population was 70%, meeting "Low Diversity" criteria. By 2022, this percentage decreased to 56%, while Black and Hispanic populations increased. The community briefly achieved "High Diversity" status around 2015-2016 when the white population was 55-57%, and three racial groups each represented over 10% of the population.
Evidence suggests Oakland is a "Transitional Community," with the percentage of residents identifying as two or more races increasing from 1% in 2013 to 4% in 2022. Demographic shifts in Oakland correlate with economic growth. As diversity increased, median income rose from $43,841 in 2013 to $78,323 in 2022, an increase of nearly 79%.
The economic growth may have attracted a more diverse population, or the influx of a diverse population may have contributed to economic growth through new businesses, skills, and cultural enrichment. The population growth from 442 in 2010 to 735 in 2022 (66% increase) suggests Oakland has become an increasingly attractive place to live.
The trends observed in Oakland align with broader patterns seen in many growing suburban areas across the United States. The transition from a predominantly white community to one with increasing diversity is common in many parts of the country, especially in areas experiencing economic growth and population increases.
The increase in median income (79% over nine years) outpaces national averages, suggesting Oakland may be part of a rapidly developing region or benefiting from proximity to growing economic centers. Oakland, Florida (zip code 34760) has evolved from a low-diversity, predominantly white community to a moderately diverse, economically thriving area. This transition reflects broader national trends of increasing diversity in suburban areas and demonstrates how demographic changes can correlate with economic growth and community development.
