The Liberia neighborhood in Hollywood, Florida, is classified as a Black Majority community with a median income of $49,574 as of 2022. This classification is based on the 61% Black population, which exceeds the 50% threshold for a racial majority. The neighborhood has undergone demographic and economic changes over the past decade, transitioning from a low-income area to one showing signs of economic improvement. Liberia is known for its Caribbean influence, particularly Jamaican, which contributes to its cultural identity within Hollywood.

From 2013 to 2022, Liberia has maintained its status as a Black Majority community. The Black population percentage has remained between 61-70% over the decade. There has been an increase in Hispanic representation, rising from 22% in 2013 to a peak of 31% in 2020, before decreasing to 18% in 2022. The Asian population has grown from 0% in 2013 to 7% in 2022. The White population has decreased from 16% in 2013 to 7% in 2022. These changes suggest that while maintaining its Black Majority status, Liberia is showing signs of becoming a Transitional Community, with increasing representation from Hispanic and Asian populations.

The median income in Liberia has shown a positive trend over the decade. From 2013 to 2019, the median income fluctuated between $29,000 and $35,000. A significant increase occurred in 2020, with the median income rising to $49,574. This higher income level has been maintained through 2022, despite a slight decrease in 2021. This economic improvement correlates with the demographic shifts, particularly the increase in Asian and Hispanic populations.