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Demographics
Population
Median Income
Racial Distributions
Old Town on the Oaks, a neighborhood in Beaumont, Texas, has experienced significant demographic changes from 2013 to 2022. The area transitioned from a moderately diverse community with a white plurality to a majority-minority neighborhood. As of 2022, the population stands at 4,541 with a median income of $47,687.
The demographic shift is characterized by a decline in the White population from 42% in 2013 to 26% in 2022, an increase in the Hispanic population from 21% to 35%, and a relatively stable Black population fluctuating between 31-40%. This transition classifies Old Town on the Oaks as a "Transitional Community" due to the consistent increase in the Hispanic population.
The neighborhood's median income has shown considerable volatility over the past decade. It increased sharply from $39,535 in 2013 to $63,460 in 2014, followed by fluctuations between 2014 and 2019, with a significant drop to $43,251 in 2019. Recent data shows a recovery to $47,687 in 2022, though still below the peak levels of 2014-2016.
The economic shifts appear to correlate with the demographic changes. The initial income increase coincided with a decrease in the white population and an increase in the Black and Hispanic populations. The period of highest incomes saw a relatively stable racial composition. The recent income recovery coincides with the continued growth of the Hispanic population and decline of the white population.
The demographic shifts in Old Town on the Oaks reflect broader trends seen in many urban areas across the United States, particularly the increasing Hispanic population and the concept of "majority-minority" communities. The economic volatility may be more specific to local or regional factors affecting Beaumont or the broader Texas economy.
The median household income in Texas was $67,321 in 2021, which is higher than Old Town on the Oaks' 2022 figure of $47,687. This suggests that while the neighborhood has experienced some economic recovery, it still lags behind the state average.
In conclusion, Old Town on the Oaks has undergone a transition from a moderately diverse community with a white plurality to a majority-minority neighborhood with growing Hispanic representation. These demographic shifts have occurred alongside significant economic fluctuations, resulting in a complex and evolving socio-economic landscape that reflects both local dynamics and broader national trends in urban demographics.