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Demographic Shifts and Racial Composition in Monterey Neighborhood, Jacksonville
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Monterey neighborhood in Jacksonville, Florida, exhibits moderate diversity as of 2022. The population is 3,096 with a median income of $32,669. Monterey has transitioned from a predominantly White community to one with a more balanced racial composition over the past decade.
In 2013, Monterey had a White majority with 62% of the population identifying as White. By 2020, the community shifted to a Black plurality with 49% of the population identifying as Black, while the White population decreased to 41%. The 2022 data shows another shift, with the White population increasing to 49% and the Black population decreasing to 35%. The Hispanic population grew from 5% in 2013 to 10% in 2022.
The demographic shifts in Monterey correlate with fluctuations in median income. In 2013, the median income was $34,129. It declined to $27,009 in 2016, then increased to $38,162 in 2019, and decreased to $32,669 in 2022. This suggests a complex relationship between demographic composition and economic prosperity in the neighborhood.
The demographic changes in Monterey reflect broader trends seen in many urban areas across the United States, where traditionally White-majority neighborhoods are becoming more diverse. This shift is often attributed to factors such as changing housing preferences, economic opportunities, and evolving social dynamics.
The economic fluctuations in Monterey, particularly the initial decline and subsequent recovery of median income as diversity increased, may reflect a period of adjustment followed by potential benefits of increased diversity. The recent slight reversal in both demographic composition and median income highlights the complex and dynamic nature of neighborhood change.
Monterey presents a case study of a neighborhood in transition. Its evolution from a White-majority community to one of moderate diversity, and the corresponding economic fluctuations, illustrate the relationship between racial demographics and economic prosperity in urban environments. The ongoing changes in Monterey's social and economic fabric warrant further observation.
