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Demographics
Population
Median Income
Racial Distributions
The Historic Old Northeast neighborhood in St. Petersburg, Florida, exhibits characteristics of Low Diversity, with a White Majority comprising 88% of the population as of 2022. The area has experienced significant economic growth over the past decade, with median income increasing from $75,230 in 2013 to $101,181 in 2022. The neighborhood is known for its early 20th-century architecture and tree-lined streets, attracting residents who value its historic charm and proximity to downtown St. Petersburg.
Throughout the observed period (2013-2022), the Historic Old Northeast has consistently maintained a White Majority status, with the white population never dropping below 85%. There have been subtle shifts within this category. The white population decreased slightly from 91% in 2013 to 88% in 2022. The Hispanic population grew from 2% in 2013 to a peak of 9% in 2017, before declining to 3% in 2022. The Black population increased from 1% in 2013 to 4% in 2022, showing a gradual increase in racial diversity.
These changes have not been sufficient to shift the neighborhood out of the Low Diversity category. The community has shown signs of becoming a Transitional Community, particularly between 2015-2018 when the Hispanic population increased significantly. However, this trend reversed in recent years.
The neighborhood has experienced substantial economic growth. Median income increased by 34.5% from 2013 to 2022, rising from $75,230 to $101,181. Peak median income was recorded in 2021 at $108,095. Population has remained relatively stable, decreasing slightly from 7,183 in 2013 to 6,696 in 2022. The rising median income correlates with the maintained White Majority status, suggesting that the neighborhood has become increasingly affluent while retaining its demographic composition. This trend could indicate that rising property values and living costs may be limiting accessibility for more diverse populations.
The trends in the Historic Old Northeast reflect broader patterns seen in many gentrifying urban neighborhoods across the United States. Increasing property values and median incomes often correlate with maintained or increasing white populations in historically diverse urban areas. The fluctuation in Hispanic population could reflect national immigration trends or local economic factors affecting housing affordability. The gradual increase in the Black population, while small, aligns with slow but steady diversification trends seen in some affluent urban neighborhoods.
The Historic Old Northeast has maintained its status as a predominantly white, affluent neighborhood over the past decade. While there have been minor shifts towards increased diversity, particularly around 2017, these changes have not fundamentally altered the neighborhood's demographic makeup. The substantial increase in median income suggests ongoing gentrification, which may be reinforcing existing demographic patterns by pricing out potential diverse residents. As the neighborhood continues to evolve, balancing economic growth with efforts to increase diversity and inclusivity may become an important consideration for local policymakers and community leaders.