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Demographics
Population
Median Income
Racial Distributions
The 441 Corridor neighborhood in Hollywood, Florida, has transformed into a Majority-Minority community with a significant Hispanic plurality. As of 2022, the neighborhood's population consists of 55% Hispanic, 23% White, and 15% Black residents. The median income of $42,856 in 2022 indicates a working-class to lower-middle-class economic profile. The neighborhood's proximity to the Seminole Hard Rock Hotel & Casino has likely influenced local employment and economic dynamics over the past decade.
Over the past decade, the 441 Corridor has undergone a significant demographic transformation. In 2013, the neighborhood had a Moderate Diversity profile, with White residents forming a plurality at 45%, followed by Hispanic (34%) and Black (17%) populations. By 2017, the community had transitioned to a Majority-Minority status, with the Hispanic population becoming the largest group at 49%. This shift continued, solidifying into a Hispanic Majority by 2018 when the Hispanic population exceeded 50%.
The most notable change has been the steady increase in the Hispanic population, rising from 34% in 2013 to 55% in 2022. Concurrently, the White population decreased from 45% to 23%, while the Black population declined from 17% to 15%. This pattern indicates a Transitional Community with a trend towards increasing Hispanic representation.
The demographic shifts correlate with fluctuations in median income. From 2013 to 2022, median income increased from $37,836 to $42,856, an overall growth of about 13%. This growth was not linear. There was a significant jump in 2015 to $42,367, followed by a decline and subsequent recovery. These economic fluctuations may be linked to the changing demographic composition, possibly reflecting differences in employment sectors or economic opportunities available to the growing Hispanic population.
The population of the neighborhood has remained relatively stable, with a slight decrease from 18,375 in 2013 to 18,687 in 2022. This stability suggests that the demographic changes are primarily due to in-migration and out-migration rather than natural population growth or decline.
The demographic trends in the 441 Corridor align with broader patterns observed in many urban areas across the United States, particularly in Florida. The growth of the Hispanic population reflects national trends, where Hispanic communities have been one of the fastest-growing demographic groups. The decline in the White population percentage is also consistent with national demographic shifts in urban areas.
The economic trends, showing modest income growth over the decade, are somewhat in line with national patterns. However, the fluctuations observed may be more pronounced than in many other areas, possibly due to local factors such as the influence of the nearby casino on the local economy.
The 441 Corridor neighborhood has undergone a significant demographic transition over the past decade, evolving from a moderately diverse community to one with a clear Hispanic majority. This shift has been accompanied by modest economic growth, though with some volatility. These changes likely reflect broader regional and national demographic trends, as well as local economic factors unique to the Hollywood area.