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Population Dynamics of Lake Richmond, Orlando: A Decade of Demographic Shifts
CATEGORY
Demographics
DATA
Population
Population Density
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Demographics
Population
Population Density
Lake Richmond, a neighborhood in Orlando, Florida, has experienced population fluctuations from 2010 to 2022. Data indicates a pattern of growth, decline, and subsequent recovery.
The neighborhood's population increased from 412 residents in 2010 to 539 in 2017. This period was characterized by rising population density, suggesting increased housing development or more compact living arrangements.
A population decline began in 2018, with a decrease to 537 residents. This trend continued sharply through 2020, when the population reached its lowest point of 388 residents. Various factors could have contributed to this decrease, including economic changes, local housing policy alterations, or broader demographic trends in the Orlando area.
Since 2020, Lake Richmond has shown signs of recovery, with the population increasing to 416 by 2022. However, this figure remains below the levels observed in the early 2010s.
The 2022 population density of 3,017.74 people per square mile classifies Lake Richmond as a dense suburban neighborhood. This density suggests a mix of housing types, potentially including townhouses and low-rise apartments.
Lake Richmond's population fluctuations may be influenced by changes in Orlando's local job market or shifts in housing preferences related to proximity to major attractions or employment centers.
The estimated 159 housing units for the 2022 population, based on the national average household size, indicates a relatively small community. This suggests a neighborhood with a mix of family homes and smaller residences.
Lake Richmond has demonstrated resilience in recovering from a significant population decline, though it has not yet reached its peak levels. The neighborhood's dense suburban character likely provides a balance of urban amenities and community atmosphere, reflecting Orlando's evolving urban landscape.
