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Demographics
Population
Median Income
Racial Distributions
Lake Caroline, a neighborhood in Dallas, Texas, has undergone significant demographic changes from 2013 to 2022. The community transitioned from a highly diverse, majority-minority composition to a Hispanic majority. As of 2022, Lake Caroline has a population of 938 and a median income of $58,124.
In 2013, Lake Caroline was categorized as a majority-minority community with high diversity. The population consisted of 45% Hispanic, 24% White, 16% Asian, and 14% Black residents. By 2022, the demographic composition had shifted significantly. The Hispanic population increased to 59%, making it the majority. The White population decreased to 12%, the Black population increased to 22%, and the Asian population decreased to 7%.
The median income in Lake Caroline has fluctuated over the years. In 2013, it was $46,294. It rose to $71,777 in 2020, coinciding with an increase in the Black population and a decrease in the Hispanic population. By 2022, the median income had decreased to $58,124, aligning with the surge in the Hispanic population to majority status.
The demographic evolution of Lake Caroline reflects broader trends seen in many urban areas across the United States. The transition to a Hispanic majority aligns with the growing Hispanic population in Texas and the Dallas-Fort Worth metroplex. The rapid nature of this shift is notable and more pronounced than typical demographic changes in stable urban neighborhoods.
The fluctuation in median income, particularly the sharp rise and subsequent fall between 2020 and 2022, may be indicative of broader economic trends. This economic volatility, coupled with demographic shifts, suggests that Lake Caroline is a transitional community, undergoing significant changes in its social and economic fabric.
Lake Caroline's evolution from a highly diverse, majority-minority community to a Hispanic majority neighborhood with moderate diversity over the past decade reflects complex interplays between demographic shifts and economic trends. These changes likely have implications for local businesses, schools, and community services, which may need to adapt to serve a predominantly Hispanic population while still catering to a diverse minority presence.