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Demographics
Population
Median Income
Racial Distributions
The Montclair Lake Estates Homeowners Association in Clearwater, Florida, exhibits a demographic profile categorized as a "Moderate Diversity" community with a "Hispanic Plurality" as of 2022. The neighborhood has a population of 658 with a median income of $53,300. This area has experienced rapid demographic shifts over the past decade, transitioning from a predominantly white community to one with a significant Hispanic presence.
The neighborhood underwent a demographic transformation from 2013 to 2022. In 2013, it was classified as having "Low Diversity" with a "White Majority" (69% white). Over the following decade, it evolved into a "Transitional Community" and reached its current state of "Moderate Diversity" with a "Hispanic Plurality." The Hispanic population increased from 27% in 2013 to 44% in 2022, while the white population decreased from 69% to 45% during the same period. The Hispanic population became the largest group by 2018, though not reaching majority status.
The community has experienced an increase in racial diversity beyond the Hispanic and white populations. The Asian population, though small, has shown fluctuations, peaking at 6% in 2020. The percentage of residents identifying as two or more races increased from 0% in 2013 to 7% in 2022, contributing to the area's growing diversity.
The neighborhood's economic profile has shown volatility over the past decade. The median income fluctuated significantly, with notable peaks and troughs. It rose from $58,992 in 2013 to a high of $81,522 in 2017, then declined to $53,510 in 2020, before rebounding to $99,955 in 2021, only to drop again to $53,300 in 2022. These economic fluctuations appear to correlate with the demographic shifts. The period of highest median income (2017-2019) coincided with the transition period when the Hispanic population was growing rapidly but had not yet become the plurality.
The demographic shift observed in Montclair Lake Estates reflects broader trends seen in many parts of Florida and the United States, where Hispanic populations have been growing rapidly. However, the speed and extent of the change in this neighborhood appear to be more pronounced than average. The economic volatility, particularly the sharp drops in median income in 2020 and 2022, may be indicative of wider economic challenges faced by transitional communities.
Montclair Lake Estates Homeowners Association exemplifies a community in transition, changing from a homogeneous, predominantly white neighborhood to a more diverse area with a strong Hispanic presence. This demographic evolution has been accompanied by significant economic fluctuations, presenting both opportunities and challenges for community cohesion and development. As the neighborhood continues to evolve, it will be crucial to monitor how these demographic and economic trends interact and shape the future of this transitional community.