Loading Content...
Demographic and Racial Composition Analysis of Riverland Village, Fort Lauderdale
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Riverland Village, a neighborhood in Fort Lauderdale, Florida, exhibits a Moderate Diversity profile with a Hispanic Plurality. As of 2022, the Hispanic population comprises 38% of the community, followed by White residents at 37%. The median income of $76,448 indicates a relatively affluent area, exceeding the national median household income. Riverland Village's location near the New River potentially influences its desirability and property values.
Over the past decade, Riverland Village has experienced significant demographic changes. In 2013, the neighborhood displayed a Hispanic Plurality (44%) with a substantial White population (37%). This composition remained relatively stable until 2017-2018, when it shifted towards a Hispanic Majority, reaching 53% in 2018. Subsequently, this trend reversed, returning to a Hispanic Plurality by 2022.
The Black population has fluctuated between 6% and 16% over the years, with the most recent data showing an increase to 16% in 2022. This indicates a trend towards increased diversity. The community has consistently maintained a Moderate Diversity classification throughout the decade, with two or three racial groups having significant representation. However, the balance between these groups has shifted, suggesting a dynamic and evolving demographic landscape.
The median income in Riverland Village has shown considerable volatility over the past decade. From 2013 to 2016, there was a substantial increase from $66,533 to $86,923, suggesting economic growth or an influx of higher-income residents. This was followed by a decline to $72,753 in 2018, coinciding with the peak of Hispanic population percentage.
As the Hispanic majority declined post-2018 and the community returned to a more balanced diversity, the median income stabilized around $75,000-$79,000. This may indicate that a more diverse racial composition correlates with a more stable economic environment in this neighborhood.
The population has fluctuated, with an increase from 2,284 in 2013 to 2,769 in 2019, followed by a sharp decline to 2,045 in 2020, possibly due to the COVID-19 pandemic. The recent increase to 2,218 in 2022 suggests a recovery is underway.
The demographic shifts in Riverland Village reflect broader trends seen in many urban areas across the United States, where increasing diversity and Hispanic population growth have been common themes. The neighborhood's economic resilience, maintaining a median income above the national average despite demographic fluctuations, is noteworthy.
The sharp population decline in 2020 aligns with national trends related to the COVID-19 pandemic, which saw many urban residents relocating to less densely populated areas. The subsequent recovery in population suggests that Riverland Village remains an attractive location, possibly due to its amenities and economic opportunities.
Riverland Village exemplifies a dynamic urban neighborhood navigating changing demographics and economic conditions. Its ability to maintain moderate diversity and economic stability amidst these changes indicates resilience and potentially effective local policies or natural advantages that continue to attract a diverse population.
