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Demographic and Economic Trends in Lakeland Park: A Study of Racial Composition and Income Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Lakeland Park neighborhood in Brooklyn Park, Minnesota, demonstrates a Majority-Minority demographic composition with Moderate Diversity as of 2022. The Black population constitutes a plurality at 43%, followed by White (25%), Hispanic (20%), and Asian (12%) residents. The median income has increased to $64,250 in 2022, indicating economic growth. Lakeland Park's proximity to the Mississippi River provides residents with access to natural recreational areas.
Over the past decade, Lakeland Park has experienced a transition in its racial composition. In 2013, the neighborhood had a Black Plurality with moderate diversity, with the Black population at 39%, White residents at 26%, and significant Asian and Hispanic populations. By 2022, the neighborhood had become a Majority-Minority community with increased diversity. The Black population grew to 43%, the White population decreased to 25%, and the Hispanic population increased from 15% to 20%.
The demographic shifts in Lakeland Park correlate with significant economic changes. The median income increased from $43,858 in 2013 to $64,250 in 2022, representing a growth of approximately 46.5% over nine years. This income growth suggests improving economic conditions for residents across racial groups. The period of most rapid income growth coincided with the solidification of the neighborhood's Majority-Minority status, occurring between 2019 and 2021 when median income increased from $55,368 to $67,632.
The population of Lakeland Park has grown moderately, from 7,264 in 2013 to 7,923 in 2022, indicating that the neighborhood has become more attractive or has experienced natural growth while undergoing these demographic and economic changes.
The trends observed in Lakeland Park align with broader national patterns of increasing diversity in suburban areas. Many U.S. suburbs have been transitioning from predominantly White communities to more diverse Majority-Minority areas over the past two decades. The economic growth in Lakeland Park outpaces the national median household income growth rate during a similar period.
The neighborhood's evolution reflects changing American demographics, where suburban areas are becoming more racially and ethnically diverse. The concurrent economic growth suggests that this diversity may be contributing to, or benefiting from, improved economic conditions in the area.
Lakeland Park exemplifies a Transitional Community that has evolved from a Black Plurality area to a more established Majority-Minority neighborhood with Moderate Diversity. This transition has been accompanied by significant economic growth, potentially indicating a positive relationship between increasing diversity and economic development in this suburban context.
