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Demographics
Population
Median Income
Racial Distributions
Schwettman Oaks, a neighborhood in New Port Richey, Florida, has undergone demographic changes from 2013 to 2022. The neighborhood's population stands at 2,253 with a median income of $34,932 as of 2022. Schwettman Oaks is located near the James E. Grey Preserve, a wetland area offering recreational activities.
Over the past decade, Schwettman Oaks has transitioned from a low diversity to a moderate diversity community. The white population decreased from 84% in 2013 to 69% in 2022, while remaining the majority. The Hispanic population increased from 10% to 20%, and the Black population grew from 3% to 6% during this period.
The neighborhood's median income fluctuated during this time. It decreased from $34,616 in 2013 to $30,320 in 2016, but subsequently showed an upward trend, reaching $34,932 in 2022. The population of Schwettman Oaks remained relatively stable throughout the decade.
The demographic changes in Schwettman Oaks align with national patterns of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar transitions from predominantly white communities to more diverse neighborhoods. The economic recovery pattern in Schwettman Oaks since 2016 also reflects national trends of post-recession recovery and growth.
Schwettman Oaks' median income of $34,932 in 2022 is below the national median household income of approximately $70,784 in 2021. This indicates that the neighborhood faces economic challenges compared to national averages, despite experiencing positive economic trends.
The gradual nature of these demographic shifts and concurrent economic improvements suggest a relatively stable transition for Schwettman Oaks. As the community continues to diversify, it may present opportunities for cultural enrichment and economic development. However, community leaders should be aware of potential challenges that can arise with changing demographics, such as ensuring equal access to resources and maintaining community cohesion.