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Demographic Analysis of Bayway Isles: Low Diversity with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Bayway Isles, a neighborhood in St. Petersburg, Florida, exhibits characteristics of Low Diversity, with a White Majority comprising 81% of the population as of 2022. The area has a median income of $98,566, which is above the national average. Bayway Isles is known for its waterfront properties and exclusive gated communities.
Over the past decade, Bayway Isles has maintained its status as a Low Diversity neighborhood with a consistent White Majority. In 2013, the neighborhood had 93% white population. By 2022, the white population decreased to 81%, indicating a slow trend towards increased diversity. The community shows characteristics of a Transitional Community, particularly in the growth of Hispanic and Asian populations, as well as those identifying as two or more races.
The median income in Bayway Isles has fluctuated over the years but generally remained high. Income peaked in 2019 at $113,842 before experiencing a decline in recent years. The 2022 median income of $98,566 still indicates an affluent community. The population has grown from 1,233 in 2013 to 1,426 in 2022, suggesting the area remains desirable despite some income fluctuations.
The slight decrease in median income correlates with the gradual increase in diversity, potentially indicating that newer, more diverse residents may have slightly different economic profiles than long-term residents.
Bayway Isles is becoming more diverse at a slower pace compared to national trends. The U.S. as a whole has been moving towards greater diversity more rapidly, with many urban areas now classified as Majority-Minority or High Diversity. The high median income of Bayway Isles remains well above the national median, which was approximately $70,784 in 2021.
The gradual increase in Hispanic, Asian, and multiracial populations in Bayway Isles mirrors broader demographic shifts seen across Florida and the United States, albeit at a slower rate. This suggests that while the neighborhood is experiencing change, it remains a relatively insulated community compared to more rapidly diversifying urban areas.
Bayway Isles presents a picture of a traditionally affluent, predominantly white neighborhood that is slowly transitioning towards greater diversity. While still categorized as Low Diversity, the trends suggest a gradual move towards Moderate Diversity in the coming years if current patterns continue. The economic status of the area remains high, though slightly declining, which may influence future demographic shifts and potentially attract a more diverse, yet still affluent, population.
