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Demographics
Population
Median Income
Racial Distributions
Skylake, a neighborhood in North Miami Beach, Florida, currently represents a Moderate Diversity community with a Hispanic Plurality. As of 2022, the neighborhood has a population of 5,530 and a median income of $71,531. Skylake is known for its waterfront properties along the Maule Lake, offering residents a blend of suburban living with easy access to water activities.
Over the past decade, Skylake has undergone a notable transition in its racial composition. In 2013, the neighborhood exhibited a White Plurality (50%) with a significant Hispanic presence (41%). By 2022, the community had shifted to a Hispanic Plurality (48%) with a decreasing White population (43%). This change indicates a Transitional Community status, moving from a White-dominated area to a more diverse, Hispanic-leaning neighborhood.
The Black population has shown fluctuations, increasing from 3% in 2017 to 7% in 2022, contributing to the area's growing diversity. The Asian population has remained relatively stable at around 1-2% throughout the decade.
The median income in Skylake has experienced some volatility over the years. It peaked in 2018 at $86,301 but has since declined to $71,531 in 2022. This downward trend in income coincides with the shift towards a more diverse racial composition, particularly the increase in Hispanic and Black populations.
The population of Skylake has also seen a general decline from its peak of 7,125 in 2014 to 5,530 in 2022. This population decrease, coupled with the income decline, suggests potential economic challenges in the neighborhood.
The demographic shifts observed in Skylake align with broader trends seen in many urban and suburban areas across the United States, where Hispanic populations are growing and traditionally White-majority areas are becoming more diverse. The economic challenges reflected in the declining median income and population may be indicative of wider economic pressures faced by middle-class neighborhoods in the post-2008 recession era and the economic impacts of the COVID-19 pandemic.
The transition from a White Plurality to a Hispanic Plurality in Skylake mirrors similar changes in other parts of Florida and the broader Southeastern United States, where Hispanic communities have been growing rapidly. However, the concurrent decline in median income is a concern that may require attention from local policymakers to ensure the neighborhood's long-term economic stability and to prevent potential issues related to gentrification or community displacement.
Skylake exemplifies a Transitional Community, evolving from a predominantly White area to a more diverse neighborhood with a strong Hispanic presence. While this increased diversity can bring cultural richness and new perspectives to the community, the accompanying economic challenges highlight the need for targeted economic development strategies to maintain the neighborhood's appeal and quality of life for all residents.