The demographic shifts in Oakhurst correlate with changes in median income. As the White population increased and the Hispanic population decreased, the median income rose. From 2013 to 2022, median income increased by approximately 37.7%, from $52,895 to $72,820. This economic upswing suggests a process of gentrification, where higher-income residents, predominantly White, have moved into the area, potentially displacing lower-income Hispanic residents.

The population has fluctuated, peaking at 2,301 in 2016 and declining to 1,747 in 2022. This could indicate a trend towards smaller household sizes or the conversion of multi-family units to single-family homes, often associated with gentrification processes.

The demographic and economic changes in Oakhurst reflect broader trends seen in many urban neighborhoods across the United States. Gentrification often follows a pattern of increasing property values, rising incomes, and demographic shifts that favor more affluent, often White residents. This process can lead to the displacement of long-term, often minority residents, as seen in the declining Hispanic population in Oakhurst.

Many cities have experienced similar patterns of neighborhood change, particularly in areas close to urban centers or with desirable historic character. The rapid increase in median income in Oakhurst (37.7% over nine years) outpaces the national average, which typically sees slower growth rates. This accelerated economic change underscores the intensity of the gentrification process in this neighborhood.

Oakhurst has undergone a transformation over the past decade, shifting from a moderately diverse community to one with a White Majority. This change has been accompanied by increases in median income, indicative of a gentrification process that has reshaped the neighborhood's demographic and economic landscape. These trends raise questions about community preservation, affordable housing, and the challenges of maintaining diversity in changing urban areas.