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Demographics
Population
Median Income
Racial Distributions
Hollywood, Florida, a city with 152,662 residents as of 2022, has become a Majority-Minority community with a Hispanic plurality. The city's demographic composition shows high diversity, with no racial group exceeding 50% of the population. The median household income in 2022 was $59,917, indicating a moderate economic status within Florida.
Hollywood has transitioned from a Moderate Diversity community to a Majority-Minority city with High Diversity over the past decade. In 2013, the city had a white plurality (49%), but by 2022, it had shifted to a Hispanic plurality (47%). This change represents a Transitional Community, with the Hispanic population growing from 31% in 2013 to 47% in 2022.
The Black population has remained relatively stable, ranging between 14-21% over the decade. The Asian and Two or More Races categories have maintained a small but consistent presence, each around 2-3% of the population.
The median household income has increased from $44,582 in 2013 to $59,917 in 2022, a 34.4% growth. This economic improvement correlates with the demographic shifts, suggesting that the influx of Hispanic residents may have contributed to economic vitality.
The population has grown modestly, increasing from 146,522 in 2013 to 152,662 in 2022, a 4.2% increase. This steady growth aligns with the demographic changes, indicating a gradual but consistent influx of new residents, particularly from Hispanic backgrounds.
Hollywood's demographic evolution mirrors broader trends seen in many urban areas across Florida and the United States, where Hispanic populations are growing and contributing to increased diversity. The economic growth observed in Hollywood is also consistent with general economic improvements seen in many parts of Florida over the past decade.
Based on the observed trends, Hollywood is likely to continue its trajectory as a Majority-Minority city with increasing Hispanic representation. The Hispanic population may soon reach or exceed 50%, potentially transitioning the city from High Diversity to a Hispanic Majority within the next 5-10 years.
Economically, if current trends persist, the median household income is likely to continue rising, potentially reaching or exceeding $65,000 within the next few years. This economic growth, coupled with increasing diversity, may lead to further changes in the local economy, potentially attracting more diverse businesses and cultural amenities.
The city may also experience continued, albeit slow, population growth, potentially reaching 160,000 residents by 2030. This growth, combined with demographic shifts, could lead to changes in housing demands, educational needs, and local governance priorities.
Hollywood, Florida, exemplifies a dynamic, evolving urban area transitioning towards greater diversity and economic prosperity. Its journey from Moderate Diversity to High Diversity and potentially towards a Hispanic Majority reflects broader demographic trends in American cities and presents both opportunities and challenges for community development and social cohesion in the coming years.