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Demographic Shifts in Fountain Parke: From White Majority to Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Fountain Parke, a neighborhood in Lake Mary, Florida, has transitioned from a Low Diversity to a Moderate Diversity community over the past decade. As of 2022, the white population comprises 67% of the community, with Black and Hispanic groups representing 12% and 9% respectively. The neighborhood has experienced population growth, reaching 674 residents in 2022. Fountain Parke is characterized by a high median income of $102,050 in 2022, which is above the national average.
The demographic composition of Fountain Parke has changed significantly from 2013 to 2022. The white population decreased from 76% to 67%, while the Black population increased from 1% to 12%, and the Hispanic population grew from 6% to 9%. The Asian population has fluctuated between 5% and 14% over this period. A new "Other" racial category emerged in 2019, further contributing to the neighborhood's diversity.
The median income in Fountain Parke has shown an overall upward trend, rising from $92,092 in 2013 to $102,050 in 2022, with a peak of $105,157 in 2019. This increase in income, coupled with growing diversity, suggests that the neighborhood has attracted affluent residents from various racial backgrounds. The population growth from 416 in 2013 to 674 in 2022 indicates that Fountain Parke has become an increasingly desirable location.
The trends observed in Fountain Parke align with broader national patterns of increasing diversity in suburban areas, particularly those with high median incomes. Many affluent suburbs across the United States have experienced similar transitions from predominantly white communities to more diverse neighborhoods over the past decade.
Fountain Parke's median income of $102,050 in 2022 is significantly above the national median household income, positioning it as an upper-middle-class to affluent community. This economic status may be a factor in attracting a more diverse population of professionals and families seeking quality housing and amenities.
The gradual increase in diversity without a significant drop in median income suggests that Fountain Parke is experiencing "inclusive gentrification," where the community is becoming more diverse while maintaining its economic status. This trend differs from some urban areas where rapid gentrification can lead to displacement of lower-income residents.
Fountain Parke exemplifies a suburban community in transition, moving from Low Diversity to Moderate Diversity while maintaining a high economic status. These changes reflect broader national trends of increasing suburban diversity, particularly in affluent areas, and suggest a future where the neighborhood may continue to attract a mix of well-off residents from various racial backgrounds.
