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Demographics
Population
Median Income
Racial Distributions
Lake View, a neighborhood in San Angelo, Texas, presents as a Hispanic Majority community with a median household income of $52,393 as of 2022. The neighborhood has shown moderate population growth over the past decade, reaching 4,926 residents in 2022. Lake View is known for its proximity to Lake Nasworthy, offering residents recreational opportunities and contributing to its appeal as a residential area.
Over the past decade, Lake View has consistently maintained its status as a Hispanic Majority community. The Hispanic population has remained above 50% throughout the period, with a slight increase from 51% in 2019 to 58% in 2022. This trend suggests a strengthening of the Hispanic community's presence in the neighborhood.
The White population, while significant, has seen a gradual decline from 47% in 2013 to 39% in 2022. This shift indicates a transition towards a more pronounced Hispanic Majority status. Other racial groups, including Black, Asian, and multiracial residents, have maintained relatively stable, though small, percentages throughout the decade.
The median household income in Lake View has shown notable fluctuations over the years. From 2013 to 2022, there has been an overall increase from $44,044 to $52,393, representing an 18.9% growth. However, this growth has not been linear. The neighborhood experienced a significant dip in median income around 2014-2015, followed by a recovery and then another decline in 2018-2019.
The strengthening of the Hispanic Majority coincides with periods of income growth. The increase in Hispanic population from 51% in 2019 to 58% in 2022 aligns with a rise in median income from $43,051 to $52,393 during the same period. This suggests a potential correlation between the growing Hispanic community and economic improvements in the neighborhood.
Population figures have also fluctuated, with an increase from 4,605 in 2019 to 5,184 in 2020, followed by a slight decline to 4,926 in 2022. These population changes may reflect broader economic or social factors affecting the area.
The demographic trends in Lake View align with broader patterns observed in many Texas cities, where Hispanic populations are growing and becoming increasingly influential in local economies and cultures. The median household income in Lake View ($52,393 in 2022) is below the Texas state median of $67,321 (as of 2021), indicating that while the neighborhood has seen economic growth, it still lags behind the state average.
The consistent Hispanic Majority status of Lake View contrasts with some other Texas neighborhoods that may be experiencing more dramatic shifts from one demographic category to another. This stability might suggest strong community ties and established cultural institutions within the Hispanic community in Lake View.
The economic fluctuations observed in Lake View, particularly the dips and recoveries in median income, could reflect broader economic trends such as the impact of oil price fluctuations on Texas's economy or the effects of the COVID-19 pandemic. The recent upward trend in income is a positive sign for the neighborhood's economic health, potentially indicating resilience and adaptation to economic challenges.
Lake View presents a picture of a stable Hispanic Majority community that has experienced moderate economic growth over the past decade, despite some fluctuations. The neighborhood's demographic composition has remained relatively consistent, with a gradual strengthening of its Hispanic majority, while its economic indicators suggest a community that is slowly but steadily improving its financial standing.