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Demographic Changes in Lake Hunter Terrace: A Study of Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Lake Hunter Terrace, a neighborhood in Lakeland, Florida, has a Moderate Diversity profile with a slight White Plurality. As of 2022, the community has a population of 354 with a median income of $35,442. The neighborhood is located near Lake Hunter.
Over the past decade, Lake Hunter Terrace has undergone demographic changes. In 2013, the neighborhood had a White Majority (50% white). By 2018, it had transitioned to a Black Plurality (44% black) and could be categorized as a Majority-Minority community. This shift was accompanied by an increase in Hispanic representation, rising from 12% in 2013 to 23% in 2022.
The most recent data from 2022 shows a reversal of this trend, with the white population increasing to 40%, creating a White Plurality situation. This fluctuation suggests that Lake Hunter Terrace is a Transitional Community, experiencing ongoing changes in its racial makeup.
The median income in Lake Hunter Terrace has shown volatility over the years. From 2013 to 2018, there was an increase in median income from $25,559 to $37,041, coinciding with the shift towards a more diverse racial composition. Since 2018, the median income has fluctuated, dropping to $32,063 in 2021 before rising again to $35,442 in 2022.
The population of the neighborhood has fluctuated, peaking at 457 in 2018 and then declining to 354 by 2022. This population decrease coincides with the reversal of the racial composition trend.
The demographic shifts observed in Lake Hunter Terrace align with broader national trends of increasing diversity in many urban and suburban areas. The rise in Hispanic population reflects larger demographic changes occurring across many parts of the United States.
The economic volatility experienced by the neighborhood, with median income fluctuations, is not uncommon in transitional communities. The overall trend of income growth from 2013 to 2022, despite recent fluctuations, suggests some economic resilience.
The recent shift back towards a White Plurality could be indicative of gentrification processes or other localized factors affecting housing affordability and community composition.
Lake Hunter Terrace exemplifies a Transitional Community, experiencing significant demographic and economic changes over the past decade. These shifts reflect broader national trends of increasing diversity but also demonstrate unique local dynamics that have resulted in recent reversals of earlier trends. The neighborhood's proximity to Lake Hunter may be a factor in these changes, potentially influencing property values and attracting different demographic groups over time.
