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Demographic Analysis of Historic Seaport: White Majority and Hispanic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Historic Seaport neighborhood in Key West, Florida, exhibits a "Low Diversity" demographic profile with a white majority of 77% as of 2022. The neighborhood has experienced subtle demographic shifts over the past decade while maintaining a predominantly white population. The median income of $90,479 in 2022 reflects its status as an affluent area.
Over the past decade, the Historic Seaport has consistently maintained its "Low Diversity" categorization. The percentage of white residents has slightly decreased from 87% in 2013 to 77% in 2022. There has been a significant increase in the Hispanic population, rising from 2% in 2013 to 15% in 2022. The black population has remained relatively stable, fluctuating between 3% and 6% throughout the decade.
The neighborhood has experienced substantial economic growth over the decade. There has been a significant increase in median income, rising from $79,746 in 2013 to $90,479 in 2022, representing a 13.5% growth over nine years. The median income peaked at $100,518 in 2021 before slightly decreasing in 2022. The population has decreased from 854 in 2013 to 651 in 2022, a 23.8% reduction.
The demographic trends in Historic Seaport diverge somewhat from national patterns. While the U.S. has been moving towards greater diversity, this neighborhood has maintained its low diversity status, although showing signs of gradual change. The significant increase in Hispanic population aligns with broader national trends of growing Hispanic communities across the country. The neighborhood's median income is substantially higher than the national median household income, indicating its status as an affluent area. The population decline in Historic Seaport contrasts with the generally growing population in many urban areas across the U.S.
While the Historic Seaport neighborhood maintains its "Low Diversity" categorization, there are signs of gradual demographic shifts, particularly with the growing Hispanic population. These changes, coupled with rising incomes and a decreasing population, suggest a community in transition, potentially moving towards greater diversity and exclusivity in the coming years. The economic resilience of the area, as evidenced by rising incomes despite population decline, underscores its desirability and the potential for continued demographic and economic evolution.
