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Demographics
Population
Median Income
Racial Distributions
Oak Creek Estates in Carrollton, Texas, has experienced significant demographic changes over the past decade. As of 2022, it is classified as a White Majority neighborhood with a median income of $55,221. The community has undergone transitions in its racial composition, moving from a diverse makeup to its current state. The population of Oak Creek Estates has fluctuated, reaching a peak in 2015 followed by a decline, potentially indicating changes in neighborhood dynamics or housing market conditions.
The neighborhood exhibited a White Majority status in 2013, with 62% of the population being white. Over the subsequent years, it transitioned towards a Moderate Diversity classification, showing significant representation from white, black, and Hispanic populations. By 2018-2019, Oak Creek Estates had shifted to a Majority-Minority status, with the white population decreasing to 40-43% and increased representation from black and Hispanic groups.
From 2020 onwards, a reversal of this trend occurred. The neighborhood returned to a White Majority status, with the white population increasing to 61% by 2022. This shift coincided with a decrease in the Hispanic population and fluctuations in the black population.
The median income in Oak Creek Estates has shown an upward trend over the past decade, increasing from $23,645 in 2013 to $55,221 in 2022. This increase in median income correlates with the observed demographic shifts. During the period of increasing diversity (2013-2019), the median income showed moderate growth, rising from $23,645 to $43,600. The sharp increase in median income to $55,221 in 2020 coincides with the shift back to a White Majority status. The population declined from a peak of 1,188 in 2015 to 885 in 2022, potentially suggesting a change in the neighborhood's socioeconomic composition.
The demographic shifts observed in Oak Creek Estates reflect broader national trends of increasing diversity in suburban areas, followed by potential gentrification or demographic inversion. The initial increase in diversity from 2013 to 2019 aligns with national patterns of suburbanization of minority populations. The subsequent reversal to a White Majority status, coupled with significant income growth, may indicate a gentrification process.
The median income growth in Oak Creek Estates outpaced national averages, suggesting a more rapid economic transformation than typical. This could be attributed to Carrollton's proximity to the Dallas-Fort Worth metroplex, which has experienced strong economic growth in recent years. The fluctuating population, particularly the decline since 2015, might indicate changing housing preferences or displacement of lower-income residents as property values and rents potentially increased with rising incomes.
Oak Creek Estates has undergone a complex demographic and economic evolution over the past decade, transitioning from increasing diversity to a return to White Majority status, accompanied by significant income growth. These changes reflect broader urban and suburban trends but appear to have occurred more rapidly and dramatically in this neighborhood, potentially due to its location within a dynamic metropolitan area.