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Demographics
Population
Median Income
Racial Distributions
Downtown Jewel in Lake Worth Beach, Florida, is a neighborhood characterized by moderate diversity with a Hispanic plurality. As of 2022, the population stands at 1,399 with a median income of $51,451. The area is notable for its proximity to Lake Worth Beach's downtown core, which is known for its artistic community and historic charm.
Over the past decade, Downtown Jewel has experienced significant demographic changes. In 2013, the neighborhood had a White majority (55%) with a strong Hispanic presence (40%). By 2022, it had transitioned to a moderately diverse community, with no racial group exceeding 50%. The Hispanic population remained stable at 40% in 2022, while the White population decreased to 48%. This shift indicates a trend towards increased diversity.
The Black population in Downtown Jewel grew modestly from 4% in 2013 to 7% in 2022. The Asian population, previously unrepresented, reached 3% by 2022. The emergence of a small but significant Two or More Races category (2% in 2022) further emphasizes the neighborhood's increasing diversity.
The demographic shifts in Downtown Jewel correlate with substantial economic changes. The median income increased from $32,627 in 2013 to $51,451 in 2022, representing a 57.7% growth. This economic improvement coincides with the area's transition to greater diversity, suggesting a possible influx of more affluent residents from various backgrounds.
The population grew from 1,113 in 2013 to 1,399 in 2022, a 25.7% increase. This growth, coupled with rising incomes, indicates increasing attractiveness of the neighborhood, possibly due to its diversity and economic opportunities.
The demographic changes in Downtown Jewel reflect broader trends seen in many urban areas across the United States, where increasing diversity often accompanies economic growth. The income growth in this neighborhood outpaces the national average, which saw about a 30% increase in median household income over a similar period.
The Hispanic population's stability in Downtown Jewel aligns with Florida's overall demographic trends, as the state has seen consistent growth in its Hispanic population. However, the neighborhood's rapid diversification and economic growth suggest it may be experiencing more accelerated changes compared to state-wide averages.
The emergence of an Asian population and growth in multiracial residents mirrors national trends of increasing diversity in urban areas, particularly in regions with strong economic growth. This trend often correlates with the attraction of diverse, skilled workforce to areas with improving economic prospects.
Downtown Jewel has transformed from a predominantly White community to a more diverse, economically prosperous neighborhood over the past decade. This transition reflects broader urban trends of increasing diversity and economic development, positioning the area as an evolving and dynamic part of Lake Worth Beach.