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Demographics
Population
Median Income
Racial Distributions
The Westwood neighborhood in Lewisville, Texas exhibits a Majority-Minority demographic profile with a Hispanic plurality. As of 2022, the Hispanic population constitutes 47% of the community. No single racial group forms a majority. The neighborhood's median income of $62,559 in 2022 indicates a moderate economic status. Westwood has experienced population fluctuations over the past decade, with a decrease in 2020 followed by a recovery.
Over the past decade, Westwood has transitioned from a Moderate Diversity community to a Majority-Minority area with a Hispanic plurality. In 2013, the neighborhood displayed Moderate Diversity, with representation from White (33%), Hispanic (42%), and Asian (15%) populations. By 2017, it had shifted to a Majority-Minority status with the Hispanic population reaching 51%. This trend has continued, with some fluctuations, resulting in the current demographic composition.
The Asian population has declined from 15% in 2013 to 11% in 2022. The White population has remained relatively stable at 33-35%. The Black population has increased slightly, moving from 3-4% in the mid-2010s to 6-7% in recent years.
The median income in Westwood has shown volatility over the past decade. From 2013 to 2017, there was a downward trend, with median income decreasing from $57,882 to $50,899. This was followed by an upswing, reaching $71,006 in 2021 before declining to $62,559 in 2022.
These economic shifts correlate with demographic changes. The period of declining income (2013-2017) coincided with the transition to a Majority-Minority status and an increase in the Hispanic population. The subsequent income growth (2017-2021) occurred as the community stabilized into its new demographic profile.
The demographic shifts in Westwood reflect broader trends seen in many urban and suburban areas in Texas and the United States. The growth of the Hispanic population and the transition to a Majority-Minority status align with national demographic projections. The volatility in median income may be influenced by local economic factors specific to Lewisville or the Dallas-Fort Worth metroplex.
The neighborhood's resilience is evident in its recovery from the population decrease in 2020, likely related to the COVID-19 pandemic. This recovery, along with the income growth from 2020 to 2021, suggests a robust local economy.
Westwood exemplifies a Transitional Community, having undergone significant demographic and economic changes over the past decade. Its evolution from Moderate Diversity to a Majority-Minority status with a Hispanic plurality, combined with its economic fluctuations, indicates a dynamic neighborhood adapting to changing societal trends. The community's resilience in the face of these changes suggests a capacity for adaptation that may aid in navigating future demographic and economic shifts.