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Demographics
Population
Median Income
Racial Distributions
Croissant Park, a neighborhood in Fort Lauderdale, Florida, exhibits a White Majority demographic profile with a median household income of $92,218 as of 2022. The neighborhood has transitioned from a moderate-income area to an upper-middle-income community over the past decade. Croissant Park is characterized by diverse architectural styles, combining mid-century modern homes with newer constructions.
Over the past decade, Croissant Park has maintained its status as a White Majority community, but with changes in its racial composition. In 2013, the neighborhood was categorized as Moderate Diversity, with representation from Black (17%) and Hispanic (19%) populations alongside the white majority (62%). By 2022, the area transitioned to Low Diversity, with the white population increasing to 73% while other racial groups declined in their relative proportions.
The Hispanic population fluctuated, peaking at 25% in 2014 before settling at 17% in 2022. The Black population experienced a consistent decline from 17% in 2013 to 7% in 2022. These shifts suggest a gradual homogenization of the neighborhood's racial makeup, potentially driven by factors such as housing market changes or broader socioeconomic trends in the Fort Lauderdale area.
The demographic shifts in Croissant Park correlate with significant economic changes. The median household income increased from $62,814 in 2013 to $92,218 in 2022, representing a growth of nearly 47% over the decade. This income growth coincides with the increasing white majority and could indicate gentrification processes or changing economic opportunities in the area.
The sharpest increase in median income occurred between 2018 and 2020, from $72,805 to $99,706. This period also saw the most pronounced shift towards a white majority, suggesting a possible influx of higher-income white residents. The population of Croissant Park has remained relatively stable over the decade, with some fluctuations. There is a slight downward trend from 2,382 residents in 2013 to 1,979 in 2022.
The trends observed in Croissant Park align with patterns seen in many urban areas across the United States, where inner-city neighborhoods experience demographic shifts and economic uplift. The increase in median income, coupled with the growing white majority, mirrors gentrification processes observed in other cities. Croissant Park's changes are particularly pronounced, with the 47% increase in median income over a decade outpacing the national average.
The neighborhood's evolution reflects broader trends in Florida, where many urban areas have seen an influx of higher-income residents and subsequent demographic shifts. The retention of a significant Hispanic population (17% in 2022) aligns with Florida's overall demographic profile, which has a strong Hispanic presence.
Croissant Park's demographic and economic evolution over the past decade indicates a neighborhood in transition. The shift from Moderate Diversity to Low Diversity, coupled with substantial income growth, suggests a complex interplay of gentrification, changing housing preferences, and potentially, broader economic trends affecting the Fort Lauderdale area. These changes likely bring both opportunities and challenges for long-term residents and newcomers alike, reshaping the social and economic fabric of this Florida neighborhood.