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Demographics
Population
Median Income
Racial Distributions
Lake Nona South, a neighborhood in Orlando, Florida, is classified as a Moderate Diversity community with a Hispanic plurality as of 2022. The neighborhood has a median income of $98,681, which is higher than the national average. Lake Nona South is known for its "Medical City" complex, which includes research facilities and hospitals.
Over the past decade, Lake Nona South has experienced significant changes in its racial composition. In 2013, the neighborhood had a White Majority, with 51% of the population identifying as white. By 2022, it had transitioned to a Moderate Diversity classification with a Hispanic plurality. The Hispanic population increased from 32% in 2013 to 40% in 2022, while the white population decreased from 51% to 36%.
The Asian and Black populations have remained relatively stable at 7-10% each. The percentage of residents identifying as two or more races increased from 2% in 2013 to 7% in 2022. This trend aligns with the neighborhood's evolution towards greater diversity and could classify it as a Transitional Community.
The demographic shifts in Lake Nona South have occurred alongside economic growth. The median income increased from $82,757 in 2013 to $98,681 in 2022, representing a 19% increase. The population grew from 5,233 in 2013 to 13,698 in 2022, a 162% increase.
The correlation between increasing diversity and rising median income suggests that the neighborhood has been attracting affluent professionals from various racial backgrounds. This could be attributed to the development of the Medical City complex and other high-tech industries in the area.
The demographic shifts in Lake Nona South reflect broader national trends towards increased diversity, particularly in suburban areas. The pace of change in this neighborhood appears to be more rapid than the national average. The significant increase in the Hispanic population aligns with Florida's overall demographic trends.
The economic growth in Lake Nona South outpaces national trends. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Lake Nona South's 19% growth is significantly higher.
Lake Nona South exemplifies a rapidly evolving, economically prosperous suburban community. Its transition from a White Majority to a Moderate Diversity area with a Hispanic plurality, coupled with strong income growth, reflects both local development initiatives and broader demographic shifts. The neighborhood's ability to maintain high median incomes while diversifying suggests a successful integration of various racial and ethnic groups into its economic fabric.