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Demographics
Population
Median Income
Racial Distributions
Palm-Aire Village (EAST) in Fort Lauderdale, Florida, is categorized as a "Moderate Diversity" neighborhood with a Hispanic population of 44% and a White plurality of 49% as of 2022. The area has experienced demographic shifts over the past decade, transitioning from a predominantly White community to a more diverse one. The neighborhood has a median income of $92,944 in 2022, representing an affluent area within Fort Lauderdale.
In 2013, Palm-Aire Village (EAST) was categorized as a "White Majority" community, with 58% of the population identifying as White. Over the next decade, the neighborhood transformed into a "Transitional Community." The Hispanic population increased from 16% in 2013 to 44% in 2022, while the White population decreased from 58% to 49%. This shift changed the neighborhood's classification from "White Majority" to "Moderate Diversity," with two significant racial groups each representing over 20% of the population.
The demographic changes coincided with economic growth in the neighborhood. The median income increased from $80,894 in 2013 to $92,944 in 2022, a 15% increase. This trend suggests that the influx of Hispanic residents did not negatively impact the area's economic status. The population fluctuated over the years, with a notable increase in 2020 (2,525 residents) before decreasing to 1,418 in 2022.
The demographic changes in Palm-Aire Village (EAST) reflect broader trends seen across Florida and many parts of the United States. Florida has experienced significant Hispanic population growth over the past decade, with many communities transitioning from predominantly White to more diverse compositions.
The neighborhood's economic resilience during this demographic shift is notable. Palm-Aire Village (EAST) maintained and improved its economic standing during rapid demographic changes. This suggests successful integration of new residents into the local economy and possibly indicates that the incoming Hispanic population included middle to high-income earners.
The median income of $92,944 in 2022 is higher than the national median household income, positioning Palm-Aire Village (EAST) as an affluent neighborhood. This economic strength, combined with increasing diversity, may contribute to a dynamic community culture, potentially attracting more diverse, high-income residents in the future.
Palm-Aire Village (EAST) exemplifies a "Transitional Community" that has navigated demographic changes while maintaining economic prosperity. The shift towards greater diversity, particularly with the growth of the Hispanic population, has coincided with economic growth, suggesting positive integration of new residents into the community. As this trend continues, the neighborhood may evolve further, potentially moving towards a "High Diversity" classification in the coming years if current trajectories persist.