Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Park East, a neighborhood in Hollywood, Florida, demonstrates a Moderate Diversity profile with a Hispanic Plurality as of 2022. The neighborhood has a population of 7,052 and a median income of $58,451. Park East has undergone significant demographic shifts over the past decade, transitioning from a White Majority area to its current diverse composition.
In 2013, Park East was categorized as a White Majority community, with 57% of the population identifying as white. Over the next decade, the neighborhood transitioned into a Moderate Diversity community. By 2022, the white population had decreased to 42%, while the Hispanic population grew from 29% in 2013 to 43% in 2022, establishing a Hispanic Plurality.
The demographic transition in Park East coincided with fluctuations in median income. From 2013 to 2019, the neighborhood experienced a general upward trend in median income, peaking at $66,517 in 2019. This period of economic growth aligns with the increasing diversity of the area. However, from 2020 to 2022, there was a decline in median income, dropping to $58,451 in 2022.
The demographic shifts observed in Park East mirror broader trends seen in many urban areas across the United States, where traditionally white-majority neighborhoods are becoming increasingly diverse. This trend is particularly pronounced in Florida, a state known for its multicultural population and significant Hispanic community.
The economic fluctuations in Park East, especially the recent downturn, align with national trends related to the economic impact of the COVID-19 pandemic. However, the neighborhood's median income remains above the national median, indicating a relatively resilient local economy despite recent challenges.
Park East exemplifies a Transitional Community, evolving from a White Majority to a Moderate Diversity area with a Hispanic Plurality. This demographic shift, coupled with economic fluctuations, reflects broader national trends of increasing diversity in urban areas and the interplay between demographic changes and economic outcomes. The neighborhood's transition offers insights into the dynamic nature of urban demographics and the evolution of American communities.