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Demographics
Population
Median Income
Racial Distributions
Palm Beach Lakes, a neighborhood in West Palm Beach, Florida, is characterized as a Black Majority community with moderate diversity. As of 2022, the Black population comprises 60% of the neighborhood, with White (24%) and Hispanic (13%) populations forming significant minorities. The median income in 2022 was $44,971, a decrease from the 2019 peak of $50,888. Palm Beach Lakes is situated near Palm Beach Lakes Boulevard, a major commercial corridor in West Palm Beach.
Over the past decade, Palm Beach Lakes has maintained its status as a Black Majority community, with some fluctuations. In 2013, the neighborhood had a strong Black majority (62%) and low diversity. By 2018, it briefly became a Majority-Minority community, with the Black population decreasing to 54% and the Hispanic population increasing to 24%. After 2018, the community returned to a Black Majority status but with increased diversity.
The neighborhood exhibits characteristics of a Transitional Community, evidenced by the growing Hispanic population and the increase in the Two or More Races category from 0% in 2013 to 3% in 2022. The median income in Palm Beach Lakes has shown volatility, rising from $41,259 in 2013 to $50,888 in 2019, then declining to $44,971 by 2022. The period of increased diversity (2018-2019) coincided with the highest median incomes.
The demographic trends in Palm Beach Lakes reflect broader national patterns of increasing diversity in urban areas. However, the neighborhood's strong Black majority distinguishes it from many areas experiencing rapid diversification. The economic volatility, particularly the post-2019 decline, may indicate the disproportionate impact of recent economic challenges on minority-majority communities.
The neighborhood's population grew from 4,344 in 2010 to 5,411 in 2022, suggesting it remains an attractive area despite economic fluctuations. This growth, combined with the maintenance of a Black majority status, indicates a strong community foundation that has endured demographic and economic changes.
Palm Beach Lakes presents a complex picture of a community maintaining its core identity while navigating demographic change and economic challenges. The interplay between its racial composition and economic performance highlights the relationship between diversity and local economic dynamics in urban American neighborhoods.