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Demographics
Population
Median Income
Racial Distributions
Taft, a neighborhood in Florida, has undergone significant demographic changes from 2013 to 2022. The community, with a population of 1,749 in 2022, has transitioned from a predominantly White area to a Majority-Minority neighborhood with a Hispanic plurality. Taft covers an area of 1.1 square miles and had a median income of $45,821 in 2022.
The demographic composition of Taft has shifted through several categories over the past decade. From 2013 to 2016, it was classified as having "Moderate Diversity" with a White plurality. Between 2017 and 2019, it transitioned to "High Diversity" as no single group exceeded 40% of the population and at least three groups had significant representation. From 2020 to 2022, Taft became a "Majority-Minority" neighborhood with a Hispanic plurality.
The Hispanic population in Taft increased from 33% in 2013 to 48% in 2022, while the White population decreased from 48% to 27% during the same period. This shift in demographics coincided with changes in the neighborhood's economic indicators. The median income in Taft has shown a downward trend, decreasing from $55,280 in 2013 to $47,525 in 2017, and further to $45,821 in 2022.
The population of Taft has remained relatively stable at around 1,800 residents throughout the observed period. This suggests that the demographic changes are more likely due to internal shifts rather than significant in-migration.
The demographic shifts observed in Taft align with broader trends seen across Florida and many parts of the United States, where Hispanic populations have been growing rapidly. Florida has experienced a significant increase in its Hispanic population over the past decade, with many communities transitioning to "Majority-Minority" status.
The economic trends in Taft diverge from state and national patterns. While Florida's overall median household income has generally increased over the past decade, Taft's has decreased. This local trend might indicate specific challenges facing the community, such as changes in local industries or limited economic opportunities within this small Census-Designated Place.
Taft represents a microcosm of demographic changes occurring across many parts of the United States, particularly in terms of increasing diversity and the growth of Hispanic communities. However, its economic trajectory suggests unique local challenges that may require targeted interventions to improve the financial well-being of its residents.