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Demographics
Population
Median Income
Racial Distributions
Lake Pasadena, a neighborhood in St. Petersburg, Florida, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the neighborhood has a population of 2,052 and a median income of $73,201. Lake Pasadena is known for its scenic lakeside views and proximity to popular recreational areas.
Over the past decade, Lake Pasadena has consistently maintained its status as a Low Diversity, White Majority neighborhood. The percentage of white residents has remained above 85% throughout the period, with only minor fluctuations. There have been no significant transitions between diversity categories, indicating a relatively stable racial composition.
Subtle changes within this overall stability include a slight decrease in the white population from 92% in 2014 to 90% in 2022, a small increase in Asian representation from 0% in earlier years to 1% by 2022, fluctuations in the Black population ranging from 2% to 6% over the years, and a consistent Hispanic presence of around 3-4% since 2013. These minor shifts suggest a very gradual trend towards slightly increased diversity, though not enough to change the neighborhood's overall classification.
The median income in Lake Pasadena has shown a significant upward trend over the past decade. In 2013, the median income was $46,115. By 2022, it had risen to $73,201, an increase of nearly 59%. This substantial income growth correlates with the neighborhood's stable, predominantly white demographic. The population has remained relatively stable, with a slight increase from 1,763 in 2013 to 2,052 in 2022.
The demographic stability of Lake Pasadena contrasts with national trends towards increasing diversity in many urban and suburban areas. While the U.S. as a whole has been experiencing a decrease in the white population percentage, Lake Pasadena has maintained its high white majority. The significant income growth in Lake Pasadena outpaces national averages. Between 2013 and 2022, the U.S. median household income grew by about 30%, compared to Lake Pasadena's 59% increase.
The combination of rising incomes, stable population, and minimal demographic change could indicate that Lake Pasadena is evolving into an exclusive enclave. This trend may raise questions about affordability and accessibility for diverse populations, potentially reinforcing patterns of racial and economic segregation within the broader St. Petersburg area.
In conclusion, while Lake Pasadena has experienced substantial economic growth, its demographic profile has remained largely unchanged, characterized by low diversity and a strong white majority. This stability in the face of broader national trends towards diversity highlights the unique characteristics of this neighborhood and may warrant further investigation into local policies, housing markets, and community dynamics that contribute to this pattern.