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Demographics
Population
Median Income
Racial Distributions
The Forest neighborhood in Lake Mary, Florida, exhibits a White Majority demographic composition with a median income of $102,050 as of 2022. This suburban community has maintained a high median income over the past decade, exceeding $85,000 annually. The Forest is situated near high-tech employers in the Orlando metropolitan area.
Over the past decade, The Forest has transitioned from Low Diversity to Moderate Diversity, while maintaining its White Majority status. In 2013, the white population comprised 77% of the neighborhood. By 2022, this percentage decreased to 67%, indicating increased racial diversity. The Black population increased from 1% in 2013 to 12% in 2022. The Asian population grew from 13% in 2013 to 8% in recent years. The Hispanic population fluctuated between 6% and 14% over the decade.
The neighborhood's economic profile has remained strong throughout the observed period. The median income increased from $92,092 in 2013 to $102,050 in 2022, representing a 10.8% increase over nine years. The population grew from 291 in 2013 to 472 in 2022, a 62% increase. This growth, combined with rising incomes and increasing diversity, indicates that The Forest is attractive to upwardly mobile professionals from diverse backgrounds.
The trends observed in The Forest align with patterns seen in many suburban communities across the United States, particularly those near major metropolitan areas. The gradual increase in diversity often reflects the growing diversity of the American middle and upper-middle classes, the appeal of high-performing school districts to families of various backgrounds, and the proximity to job centers in technology and professional services sectors.
The Forest's median income is significantly higher than the U.S. median household income, which was around $70,784 in 2021. This suggests that The Forest remains an exclusive community, even as it becomes more diverse. The neighborhood's transition towards greater diversity, while maintaining high income levels, reflects a broader national trend of affluent suburbs becoming more racially and ethnically diverse.
The Forest exemplifies a Transitional Community that is slowly evolving from Low Diversity to Moderate Diversity while maintaining its economic prosperity. This gradual shift reflects broader demographic changes in affluent American suburbs, suggesting a future where economic success and racial diversity increasingly coexist in traditionally homogeneous neighborhoods.