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Demographics
Population
Median Income
Racial Distributions
Hollyford, a neighborhood in Jacksonville, Florida, exhibits a demographic composition categorized as "Moderate Diversity" as of 2022. The population consists of 49% White residents, 44% Black residents, and 5% Asian residents. The median income in the neighborhood is $54,980. Hollyford has undergone significant demographic changes over the past decade.
In 2013, Hollyford was classified as having a "Black Majority" with 59% of the population identifying as Black. This majority increased, reaching 75% in 2016, classifying the neighborhood as "Low Diversity" at that time. From 2017 onwards, a gradual shift occurred. The percentage of Black residents decreased while the White population increased. By 2022, the neighborhood transformed into a "Moderate Diversity" area with nearly equal representation of Black and White residents.
The transition from a "Black Majority" to "Moderate Diversity" over a decade indicates a "Transitional Community." The emergence and growth of an Asian population, from 0% in 2013 to 5% in 2022, further supports this categorization.
The demographic shifts in Hollyford correlate with changes in median income. In 2013, when the neighborhood had a "Black Majority," the median income was $32,572. As the community transitioned towards greater diversity, there was an increase in median income. By 2022, coinciding with the more balanced racial distribution, the median income rose to $54,980. This represents a 69% increase over the decade, suggesting a potential link between increased diversity and economic growth in the neighborhood.
The population of Hollyford grew from 1,010 in 2013 to 1,286 in 2022, a 27% increase. This population growth, combined with the rising median income and increasing diversity, indicates a neighborhood experiencing gentrification or urban renewal.
The trends observed in Hollyford align with patterns seen in many urban areas across the United States. The shift from a predominantly Black neighborhood to a more diverse community, accompanied by rising incomes, is similar to gentrification processes observed in other cities. The rapid increase in median income, particularly the jump from $41,534 in 2021 to $54,980 in 2022, is higher than typical annual increases seen nationally. This could indicate a faster pace of neighborhood change in Hollyford compared to national averages.
Hollyford presents a case of a neighborhood in transition. Its evolution from a "Black Majority" area to one of "Moderate Diversity" over the past decade, coupled with significant increases in median income and population, suggests a community undergoing substantial socio-economic changes. These shifts likely bring both opportunities and challenges for long-time residents and newcomers alike.