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Demographics
Population
Median Income
Racial Distributions
Regency Park, a neighborhood in Pensacola, Florida, exhibits a demographic profile characterized as a "White Majority" community. As of 2022, the white population constitutes 67% of the neighborhood, with an increasing presence of diverse racial groups. The median income in 2022 is $64,091. Regency Park has undergone significant demographic changes over the past decade, mirroring broader trends of increasing diversity in suburban areas across the United States.
Over the past decade, Regency Park has experienced a notable transition in its racial composition. In 2013, the neighborhood was classified as having "Low Diversity," with the white population comprising 85% of residents. By 2022, while still maintaining a "White Majority," the community has shifted towards "Moderate Diversity." The percentage of white residents decreased from 85% in 2013 to 67% in 2022, while the Black population increased from 5% to 17% during the same period. The Hispanic population also grew from 5% to 8%. This trend indicates a gradual but steady diversification of the neighborhood.
The community briefly approached the threshold of being classified as a "Transitional Community" between 2017 and 2019, when the white population decreased to 63-66% and other racial groups showed significant increases. However, this trend slightly reversed in recent years, stabilizing the white majority.
The demographic shifts in Regency Park have been accompanied by fluctuations in median income. From 2013 to 2022, the median income increased from $59,092 to $64,091, representing a growth of about 8.5% over nine years. This growth was not linear. There was a notable decrease in median income between 2014 and 2016, coinciding with the initial phase of increased racial diversity. A significant increase occurred in 2021, with median income reaching $72,237, the highest in the decade, before returning to more moderate levels in 2022. These economic trends suggest that the neighborhood has maintained relative economic stability despite demographic changes, with some years of notable economic growth.
The demographic evolution of Regency Park aligns with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar patterns of diversification over the past decade, particularly with growth in Black and Hispanic populations. The economic resilience of Regency Park, maintaining and even increasing median income levels while diversifying, is notable. This trend contrasts with some national patterns where rapid demographic changes have sometimes been associated with economic challenges.
The neighborhood's population has remained relatively stable over the decade, fluctuating between about 6,300 and 7,000 residents. This stability, combined with increasing diversity and rising incomes, suggests that Regency Park may be an attractive area for a mix of long-term residents and newcomers seeking economic opportunities.
Regency Park exemplifies a suburban neighborhood in transition, moving from low diversity to moderate diversity while maintaining economic stability. This evolution reflects broader national trends of suburban diversification and suggests a community adapting to changing demographics while preserving its economic foundations.