Loading Content...
Demographic Trends in Park Ridge: A Study of Racial Composition and Income Fluctuations
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Park Ridge, a neighborhood in Jacksonville, Florida, exhibits a White Majority demographic composition with a median income of $53,874 as of 2022. The neighborhood demonstrates Moderate Diversity, with significant representation from Black and Hispanic populations alongside the White majority. Park Ridge has experienced notable fluctuations in its population and racial composition over the past decade, indicating a dynamic community landscape.
From 2013 to 2022, Park Ridge has consistently maintained a White Majority status, with the white population ranging from 50% to 68% of the total. The neighborhood has shown signs of increasing diversity over time. In 2013, the area was categorized as having Moderate Diversity, with significant white (61%), black (14%), and Hispanic (15%) populations. By 2019, the neighborhood approached High Diversity status, with the white population dropping to 50%, while the Asian population increased to 17%, and black and Hispanic populations remained significant at 16% and 13% respectively. In recent years (2020-2022), the area has reverted to Moderate Diversity, with the white population stabilizing around 61-63%, and fluctuations in other racial groups.
The most notable shift occurred in the Asian population, which peaked at 17% in 2019 but dropped significantly to 1-2% in 2020-2021, before rising slightly to 6% in 2022. This indicates a Transitional Community status, especially considering the rise in the "two or more races" category from 1% to 9% between 2021 and 2022.
The median income in Park Ridge has shown considerable volatility over the past decade. From 2013 to 2019, there was a general upward trend in median income, peaking at $68,964 in 2019. A sharp decline occurred in 2020, dropping to $52,111. Income rebounded to $64,890 in 2021 but declined again to $53,874 in 2022. These economic fluctuations appear to correlate with demographic shifts. The period of highest income (2017-2019) coincided with increased diversity and a larger Asian population. The subsequent income decline aligns with a decrease in the Asian population and a return to a stronger White Majority.
Population trends have been equally volatile, peaking at 1,780 in 2014 and declining to 1,362 in 2022. This population decrease, coupled with income fluctuations, suggests potential economic challenges or changing neighborhood dynamics.
The trends observed in Park Ridge reflect broader patterns seen in many urban areas across the United States. These include increasing diversity in traditionally white-majority neighborhoods, economic volatility, particularly in the wake of the COVID-19 pandemic, and shifts in racial composition, including growth in multiracial identification. The rapid changes in the Asian population and the recent increase in individuals identifying as two or more races are particularly noteworthy. These trends may reflect broader national patterns of increasing diversity and changing racial identification practices.
Park Ridge exemplifies a neighborhood in transition, balancing between maintaining a White Majority status and evolving towards greater diversity. The economic fluctuations and demographic shifts suggest a community adapting to broader societal changes, potentially influenced by factors such as migration patterns, economic opportunities, and evolving social dynamics.
