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Demographic Shifts and Racial Diversity in Park Pointe, Greenacres, Florida
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Park Pointe, a neighborhood in Greenacres, Florida, exhibits a "Moderate Diversity" demographic profile with a white majority as of 2022. The neighborhood has a population of 2,092 and a median income of $53,645. Park Pointe has experienced significant demographic shifts over the past decade, transitioning from a predominantly white area to a more diverse community.
In 2013, Park Pointe was categorized as having "Low Diversity" with a white majority of 80%. Over the past decade, the neighborhood has undergone a transition towards greater diversity. By 2022, the white population decreased to 57%, while Hispanic and Black populations increased significantly. This shift moves Park Pointe from the "Low Diversity" category to "Moderate Diversity," bordering on becoming a "Transitional Community."
The Hispanic population grew from 14% in 2013 to 26% in 2022, while the Black population increased from 6% to 12% during the same period. This trend indicates a gradual but steady diversification of the neighborhood.
Park Pointe has experienced substantial economic growth alongside demographic changes. The median income rose from $27,057 in 2013 to $53,645 in 2022, nearly doubling over the decade. This significant increase in median income correlates with the increasing diversity of the neighborhood.
As the community became more diverse, the median income consistently increased. This trend suggests that the influx of diverse populations may have contributed to economic growth in the area, possibly through new businesses, increased consumer spending, or changes in the local job market.
The demographic shifts observed in Park Pointe align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have seen growth in Hispanic and Black populations over the past decade, similar to the pattern in Park Pointe.
The economic growth in Park Pointe is notable when compared to national figures. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Park Pointe's median income nearly doubled, indicating a much faster rate of economic improvement.
Park Pointe exemplifies a neighborhood in transition, moving from a homogeneous community to one of moderate diversity. This demographic evolution has coincided with significant economic growth, suggesting a relationship between increasing diversity and economic prosperity in this Florida neighborhood.
