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Demographics
Population
Population Density
The population of Panama Park, Jacksonville, Florida, exhibited significant changes from 2010 to 2022. In 2010, the neighborhood had 2,780 residents. This number increased to 3,470 in 2017, then decreased to 2,824 by 2022, nearly returning to its 2010 level. This data indicates a period of growth followed by a decline in resident numbers.
The population density in 2022 was 1,720.43 people per square mile, suggesting a moderately populated suburban area. This density implies a neighborhood with a combination of single-family homes and potentially some multi-family dwellings.
Based on the national average household size of 2.61 persons, Panama Park is estimated to have 1,082 housing units. This data suggests that the neighborhood likely offers a suburban environment with access to basic amenities within a reasonable distance.
Despite population fluctuations since 2017, Panama Park has maintained a relatively stable density above 1,600 people per square mile throughout the observed period. This consistency indicates that the neighborhood has retained its suburban character over time.
Panama Park's proximity to the St. Johns River may influence the neighborhood's characteristics. This geographic feature could affect housing preferences and contribute to the area's appeal.
The observed population fluctuations may be attributed to various factors such as changes in local economic conditions, housing market dynamics, or shifts in demographic preferences. The recent population decline from 2021 to 2022 might be related to broader trends affecting urban areas, such as increased remote work opportunities leading to relocation to less densely populated areas.
In conclusion, Panama Park demonstrates characteristics of a dynamic suburban neighborhood that has experienced notable population changes over the past decade while maintaining its overall suburban density. The area likely offers a lifestyle that combines suburban living with access to urban amenities and natural features.