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Demographic Shifts and Economic Growth in Poinciana Park: A Study of Hispanic Population Increase
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Poinciana Park, a neighborhood in West Palm Beach, Florida, has transformed into a Hispanic Majority community with a median income of $76,641 as of 2022. The area has experienced significant demographic changes over the past decade, transitioning from a Moderate Diversity area. Poinciana Park is situated near the Intracoastal Waterway.
In 2013, Poinciana Park was classified as a Moderate Diversity community, with Hispanic (63%), White (23%), and Black (13%) populations. Over the following decade, the neighborhood shifted towards a Hispanic Majority. By 2022, the Hispanic population increased to 73%, while the White population decreased to 18% and the Black population to 8%.
The demographic shifts in Poinciana Park correlate with changes in median income. As the Hispanic population increased from 63% in 2013 to 73% in 2022, the median income rose from $42,328 to $76,641. The most significant increase in median income occurred between 2019 and 2021, rising from $70,314 to $85,707, coinciding with a period of rapid Hispanic population growth from 60% to 73%.
The trend of increasing Hispanic populations aligns with broader demographic shifts in many parts of Florida and the United States. The substantial increase in median income, 81% growth from 2013 to 2022, exceeds national averages, indicating strong economic growth in this neighborhood. The transition to a Hispanic Majority community while maintaining economic growth contrasts with some stereotypes about demographic changes and economic outcomes.
Poinciana Park has evolved from a Moderately Diverse community to a Hispanic Majority neighborhood over the past decade. This demographic shift has been accompanied by significant economic growth, as evidenced by the increase in median income. The neighborhood's proximity to the Intracoastal Waterway may have influenced attracting new residents and fostering economic development. These trends indicate a dynamic, evolving community that has navigated demographic changes while achieving economic progress.
