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Demographics
Population
Median Income
Racial Distributions
Bulls Bay, a neighborhood in Jacksonville, Florida, exhibits a demographic profile categorized as a "Transitional Community" with "Moderate Diversity" as of 2022. The neighborhood has a population of 945 and a median income of $58,043. Bulls Bay has experienced rapid demographic shifts over the past decade, reflecting broader changes in urban American neighborhoods.
At the beginning of the decade, Bulls Bay was characterized by a "White Majority," with 64% of the population identifying as white in 2013. By 2022, the white population decreased to 48%, no longer constituting a majority. This shift has moved Bulls Bay into the "Majority-Minority" category, with the combined minority populations now forming the majority.
The most notable change has been the increase in the "Two or More Races" category, rising from 2% in 2013 to 14% in 2022. This increase suggests a trend towards greater racial mixing and potentially indicates a "Transitional Community" status. The Black population has remained relatively stable, fluctuating between 22% and 33% over the decade. The Hispanic population showed fluctuations, peaking at 11% in the mid-2010s before declining to 6% in 2022.
The median income in Bulls Bay has shown moderate growth over the past decade, rising from $52,808 in 2013 to $58,043 in 2022, an increase of about 10%. This growth has not kept pace with inflation, suggesting potential economic challenges for residents. The period of highest median income ($59,572 in 2021) coincided with the lowest percentage of white residents (51%) and the highest percentage of Black residents (33%).
The population of Bulls Bay has fluctuated over the years, peaking at 1,335 in 2015 before declining to 945 in 2022. This population decrease, coupled with the demographic shifts, might suggest changing neighborhood dynamics, possibly related to housing affordability or urban development patterns.
The trends observed in Bulls Bay mirror broader national patterns of increasing diversity in urban areas. Many U.S. cities have seen a decline in white majority neighborhoods and an increase in multiracial populations. The growth in the "Two or More Races" category aligns with national trends of increasing multiracial identification.
The moderate income growth in Bulls Bay may be lower than the average growth rates seen in many urban areas across the U.S. over the same period. This could indicate that Bulls Bay faces some economic challenges compared to more rapidly gentrifying urban neighborhoods.
Bulls Bay represents a microcosm of demographic changes occurring across urban America. Its transition from a White Majority to a Majority-Minority community, coupled with the significant increase in multiracial residents, reflects broader societal shifts towards greater diversity. The economic trends suggest that the neighborhood may be grappling with balancing demographic change and economic growth. As Bulls Bay continues to evolve, it will be crucial to monitor how these demographic and economic shifts impact community cohesion, local services, and overall quality of life for its residents.