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Demographics
Population
Median Income
Racial Distributions
Lakeville in Connecticut demonstrates demographic stability with minor changes from 2013 to 2022. The community maintains a "Low Diversity" classification with a White Majority of 87% in 2022. Lakeville's median income of $74,459 in 2022 indicates affluence, despite a decrease from previous years. The area is part of the Litchfield Hills region, known for its scenic landscapes.
Throughout the analyzed period (2013-2022), Lakeville has consistently maintained its status as a "Low Diversity" community with a strong White Majority. The White population decreased slightly from 89% in 2013 to 87% in 2022. The Black population increased from 1% in 2013 to 3% in 2022. The Hispanic population remained relatively stable, fluctuating between 2-5% over the decade. These changes suggest a slow trend towards slightly increased diversity, though not enough to alter the overall demographic categorization of the area.
The economic landscape of Lakeville has shown volatility over the past decade. Median income peaked in 2021 at $106,160 but decreased to $74,459 in 2022. The overall trend from 2013 to 2022 shows an increase in median income from $87,511 to $94,047. The population grew from 5,532 in 2013 to 6,369 in 2022, indicating the area's continued attractiveness to residents. The economic trends do not appear to correlate strongly with the minor demographic shifts, suggesting other factors may be more influential in income fluctuations.
Lakeville's demographic stability contrasts with national trends towards increasing diversity. While many urban and suburban areas across the U.S. have seen significant increases in minority populations, Lakeville has maintained its predominantly White demographic composition. This stability may be attributed to its rural setting and established community character.
The income volatility, particularly the sharp drop in 2022, could reflect broader economic challenges faced nationwide, such as the aftermath of the COVID-19 pandemic or inflationary pressures. However, Lakeville's median income remains above the national average, indicating its status as an affluent community despite recent fluctuations.
In conclusion, Lakeville shows signs of slow demographic change but remains a predominantly White, affluent community. The area's economic fluctuations, coupled with population growth, suggest a dynamic local economy that continues to attract residents despite recent challenges. Future observations will determine whether the subtle trends towards increased diversity continue and how they might influence the local socio-economic landscape.