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Demographics
Population
Median Income
Racial Distributions
Isle of Normandy, a neighborhood in Miami Beach, Florida, exhibits a Hispanic Majority demographic profile with a median income of $57,109 as of 2022. The neighborhood is categorized as "Low Diversity," with Hispanic residents comprising 70% of the population. Isle of Normandy is an island connected to Miami Beach by bridges, offering a coastal living experience within the Miami metropolitan area.
Over the past decade, Isle of Normandy has maintained its status as a Hispanic Majority community. The Hispanic population has remained stable, fluctuating between 66% and 71% from 2013 to 2022. The white population has declined from 25% in 2013 to 18% in 2022. There has been a slight increase in Asian (from 0% to 3%), Black (from 2% to 4%), and multiracial (from 0% to 4%) populations between 2013 and 2022. These changes suggest that while the neighborhood remains predominantly Hispanic, it is showing early signs of transitioning towards slightly higher diversity.
The median income in Isle of Normandy has experienced fluctuations over the past decade. From 2013 to 2015, there was a slight increase from $51,860 to $53,464. From 2015 to 2017, there was a sharp decline to $46,005. From 2017 to 2021, there was significant recovery and growth to $61,672. From 2021 to 2022, there was a recent decline to $57,109. These economic shifts correlate with demographic changes. The period of income decline (2015-2017) coincides with a slight increase in the Hispanic majority. The subsequent income recovery (2017-2021) aligns with the gradual increase in Asian and multiracial populations. The recent income decline (2021-2022) corresponds with a slight decrease in the white population and an increase in the Hispanic majority.
The demographic trends in Isle of Normandy reflect broader patterns seen in many urban areas across the United States. The stable Hispanic majority aligns with national trends of growing Hispanic populations in urban areas, particularly in Florida and other Southwestern states. The decrease in white residents mirrors a national trend of white population decline in many urban centers. The slight increases in Asian, Black, and multiracial populations reflect a national trend towards increasing diversity in urban areas.
Economically, the neighborhood's median income fluctuations may reflect broader economic cycles, including recovery from the 2008 financial crisis and more recent economic challenges. The current median income of $57,109 is below the national median household income, which was around $70,784 in 2021, suggesting that while the area has seen economic growth, it still faces some economic challenges compared to national averages.
Isle of Normandy presents a picture of a predominantly Hispanic community showing early signs of increased diversity, with economic fluctuations that both influence and are influenced by these demographic shifts. The neighborhood's island setting within Miami Beach adds context to these demographic and economic trends, potentially influencing factors such as housing costs and community dynamics.