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Demographic Analysis of Bay Aristocrat Village: A Predominantly White Neighborhood with Increasing Affluence
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Bay Aristocrat Village Homeowners Assoc in Clearwater, Florida, is a neighborhood with Low Diversity, characterized by a white majority comprising 82% of the population as of 2022. The area has experienced population growth over the past decade, with the number of residents increasing from 1,422 in 2010 to 2,238 in 2022. Economically, the neighborhood has improved, with median income rising from $47,240 in 2013 to $76,824 in 2022, indicating growing affluence among residents.
Throughout the analyzed period, Bay Aristocrat Village has maintained its status as a Low Diversity community with a strong White Majority. The white population percentage has fluctuated slightly, reaching its lowest point of 79% in 2018-2019 before rebounding to 82% in 2022. There has been an increase in the "Two or More Races" category, rising from 0% in 2017 to 11% in 2022, suggesting a trend towards slightly increased diversity. Other racial groups have maintained relatively small and stable percentages, with slight fluctuations year to year.
The economic trajectory of Bay Aristocrat Village shows a positive trend. Median income has increased by approximately 62% from 2013 to 2022, outpacing inflation and suggesting real economic growth. The population has grown by about 57% in the same period, indicating the area's increasing attractiveness. The most significant jump in median income occurred between 2019 and 2020, rising from $62,563 to $82,618, which coincided with a substantial population increase.
These economic improvements correlate with the maintenance of the white majority and the slight increase in racial diversity. The rising incomes and growing population suggest that the area is becoming more desirable, potentially attracting a wider range of residents while still maintaining its predominantly white demographic.
The median household income in Bay Aristocrat Village ($76,824 in 2022) is higher than the national median income (which was around $70,784 in 2021), indicating that this is a relatively affluent area. The neighborhood's racial composition is less diverse than Florida as a whole, which has a more significant Hispanic population and a larger Black population percentage. The rapid income growth in this neighborhood outpaces national trends, suggesting local factors may be driving these changes.
Bay Aristocrat Village Homeowners Assoc represents a predominantly white, increasingly affluent neighborhood that is experiencing slow but steady diversification. While it remains categorized as Low Diversity, the increasing multiracial population and economic growth suggest it may be in the early stages of transitioning to a more diverse community. These changes likely reflect broader trends of suburban growth and evolving demographics in Florida and the United States as a whole.
