The city's median income has risen from $41,709 in 2013 to $47,923 in 2022, an increase of about 15%. There was a spike in 2020-2021, reaching $56,193, before dropping in 2022. This fluctuation could be related to the economic impacts of the COVID-19 pandemic and subsequent recovery.

The population has increased from 39,099 in 2013 to 46,180 in 2022, a growth of about 18%. This population growth, coupled with the changing racial demographics, suggests that much of the new population influx has been from Hispanic communities.

The demographic shifts in Lake Worth Beach align with broader trends seen in many parts of Florida and the United States, where Hispanic populations are growing and becoming a larger share of local communities. The economic fluctuations, particularly around 2020-2021, likely reflect national economic trends related to the pandemic and its aftermath.

Based on observed trends, Lake Worth Beach is likely to continue its evolution as a Majority-Minority community with an increasing Hispanic plurality. If current trends persist, the city could potentially transition into a "Hispanic Majority" category within the next 5-10 years.

Economically, the city may see continued, modest growth in median income as it recovers from recent fluctuations. The increasing diversity and growing population could attract new businesses and economic opportunities, potentially leading to further income growth.

It will be crucial to monitor how these demographic changes impact local socio-economic dynamics, including housing affordability, educational resources, and community services. The city's ability to integrate its growing diverse population while addressing potential economic disparities will be key to its future development and social cohesion.