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Demographics
Population
Median Income
Racial Distributions
Park Side, a neighborhood in Hollywood, Florida, has undergone significant demographic changes. As of 2022, it is classified as a "Majority-Minority" community, with Hispanic residents comprising 51% of the population. The neighborhood exhibits "Moderate Diversity" with White (26%) and Black (14%) populations. The median income in Park Side has increased to $39,327 in 2022, though this remains below the national median income. Park Side is located near the Hollywood Beach Boardwalk, a tourist attraction that may influence local employment and community dynamics.
Over the past decade, Park Side has experienced a demographic transformation. In 2013, the neighborhood had "Moderate Diversity" with a White plurality (47%), Hispanic (34%), and Black (13%) populations. By 2017, it had become a "Majority-Minority" community. Between 2019 and 2020, the Hispanic population increased from 40% to 52%, establishing a "Hispanic Majority." This trend has continued through 2022, solidifying Park Side's status as a predominantly Hispanic neighborhood.
The growth of the Hispanic population and decline of the White population (from 47% in 2013 to 26% in 2022) indicate a "Transitional Community." This shift may be attributed to factors such as immigration patterns, changing housing preferences, or economic opportunities attracting Hispanic residents to the area.
The demographic shifts in Park Side correlate with economic changes. The median income has increased from $27,871 in 2013 to $39,327 in 2022, representing 41% growth over the decade. This economic improvement coincides with the increasing Hispanic population. Despite this growth, Park Side's median income remains below national averages. A significant increase in median income occurred between 2017 ($28,524) and 2018 ($36,264), coinciding with increasing diversity and the transition to a Majority-Minority community.
The demographic shifts in Park Side align with trends seen in many urban areas across the United States, particularly in Florida. The growth of the Hispanic population reflects statewide trends. The rapidity of change in Park Side is notable, potentially indicating that this neighborhood is at the forefront of demographic shifts in the region. The economic growth, while positive, still leaves Park Side below national median income levels, suggesting ongoing economic challenges compared to more affluent areas. This situation is common in diverse, transitional urban neighborhoods across the country.
Park Side exemplifies a community in transition, moving from a moderately diverse area with a White plurality to a Hispanic-majority neighborhood with increasing economic prospects. This evolution reflects broader national trends of increasing diversity in urban areas and the growing influence of Hispanic communities in shaping local demographics and economies.