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Demographics
Population
Median Income
Racial Distributions
Lake Cherokee, a neighborhood in Orlando, Florida, has undergone significant demographic changes from 2013 to 2022. The area transitioned from low diversity to a white majority with moderate diversity. As of 2022, the neighborhood has a population of 1,295 and a median income of $50,720. Lake Cherokee is recognized for its historic district status, featuring early 20th-century homes that reflect old Florida's architectural style.
The demographic composition of Lake Cherokee has shifted notably over the past decade. In 2013, the neighborhood had low diversity, with the white population comprising 81% of residents. By 2022, this percentage decreased to 66%, while the Hispanic population increased from 13% to 21%, and the Black population grew from 1% to 6%. These changes indicate a trend towards increasing diversity in the neighborhood.
The economic trends in Lake Cherokee correlate with its demographic shifts. The median income fluctuated over the decade, decreasing from $44,555 in 2013 to $35,112 in 2015, but has shown a steady increase since 2018, reaching $50,720 in 2022. This recent upward trend in median income coincides with the increasing diversity of the neighborhood. The population has remained relatively stable, with a slight increase from 1,217 in 2013 to 1,295 in 2022.
The demographic changes observed in Lake Cherokee align with broader trends seen in many urban areas across the United States. The increase in Hispanic and Black populations reflects a national trend of growing diversity in traditionally white-majority neighborhoods. This pattern is particularly pronounced in Florida, a state known for its diverse population and significant Hispanic community.
The economic recovery and growth seen in Lake Cherokee since 2018 mirrors the general economic upturn experienced in many parts of the country following the recovery from the 2008 financial crisis. However, the neighborhood's median income remains below the national median household income, which was approximately $70,784 in 2021.
Lake Cherokee exemplifies a transitional community, moving from low diversity to moderate diversity with a maintained white majority. This demographic evolution, coupled with recent economic improvements, suggests a neighborhood in flux, potentially becoming more attractive to a diverse range of residents while maintaining its historic charm. These changes may bring both opportunities and challenges as the community adapts to its evolving demographic landscape.