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Demographics
Population
Median Income
Racial Distributions
East Lakeside, a neighborhood in Oakland Park, Florida, is classified as a "Black Majority" community with a significant Hispanic presence. As of 2022, the neighborhood has a population of 1,058 and a median income of $45,714. East Lakeside is notable for its small size and significant fluctuations in median income over the past decade.
East Lakeside has undergone a significant demographic transition over the past decade. In 2013, 68% of the population identified as Black. By 2022, this percentage decreased to 51%, maintaining a slim majority. Concurrently, the Hispanic population increased from 10% in 2013 to 38% in 2022. This trend suggests a potential transition from a "Black Majority" to a "Majority-Minority" community.
The neighborhood exhibits characteristics of a "Transitional Community," particularly with the consistent growth of the Hispanic population. The Asian population, while small, has shown recent growth, contributing to the neighborhood's increasing diversity.
The median income in East Lakeside has experienced significant fluctuations over the past decade. From $47,459 in 2014, it decreased to $23,937 in 2019, before increasing to $45,714 in 2022. These changes in median income coincide with demographic shifts, suggesting a possible correlation between changing racial composition and economic conditions.
The period of lowest median income (2016-2019) aligns with the acceleration of Hispanic population growth and the decline in the Black majority. This could indicate that the initial influx of Hispanic residents may have been driven by more affordable housing options during an economic downturn. The subsequent income rebound might reflect either the economic advancement of new residents or the arrival of more affluent Hispanic and Asian households.
The demographic shifts observed in East Lakeside mirror broader trends seen in many urban areas across the United States, where traditionally Black neighborhoods are experiencing an influx of Hispanic residents. This phenomenon is often associated with changing urban dynamics, including gentrification in some areas and the search for affordable housing options in others.
The economic volatility experienced by East Lakeside is more pronounced than typical national trends. The extreme fluctuations in median income seen here are unusual and may reflect local factors specific to Oakland Park or this particular neighborhood.
The rapid increase in the Hispanic population (from 10% to 38% in less than a decade) is more dramatic than national averages, suggesting that East Lakeside may be a focal point for Hispanic migration within the region. This could be due to factors such as job opportunities, community networks, or changes in local housing policies.
East Lakeside exemplifies a community in transition, both demographically and economically. As it potentially moves towards becoming a "Majority-Minority" neighborhood, it will be crucial to monitor how these changes impact community cohesion, local services, and economic opportunities for all residents.