Loading Content...
Demographic Analysis of Magnolia Heights: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Magnolia Heights, a neighborhood in St. Petersburg, Florida, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, 88% of the population identifies as white, with a median income of $75,198. The neighborhood has experienced population growth, increasing from 1,303 residents in 2010 to 1,645 in 2022. Magnolia Heights is known for its historic bungalows and proximity to downtown St. Petersburg.
Over the past decade, Magnolia Heights has maintained its status as a White Majority community within the Low Diversity category. The white population percentage fluctuated between 79% and 88% from 2013 to 2022. The black population showed a slight increase from 8% in 2013 to 10% in 2017, before declining to 4% by 2022. The Hispanic population experienced growth from 2% in 2013 to 8% in 2015, but has since stabilized around 5% as of 2022.
The Asian population increased from 0% in 2013 to 4% in 2017-2019, though it has since decreased to 0% in 2022. A multi-racial category emerged, growing from 0% in 2013 to 3% by 2022. These changes indicate a subtle trend towards increased diversity, particularly in the middle of the decade.
(sponsored content)
The median income in Magnolia Heights has shown fluctuation over the years. From 2013 to 2015, there was an increase from $64,296 to $71,420. A significant drop occurred in 2016-2017, with income falling to around $56,000. Since 2018, there has been a general upward trend, reaching a peak of $78,325 in 2021 before slightly decreasing to $75,198 in 2022. The period of lowest racial diversity coincides with the highest median incomes.
The population has grown steadily from 1,303 in 2010 to 1,645 in 2022, with a notable acceleration in growth from 2019 onwards. This population increase, combined with rising incomes, suggests that Magnolia Heights has become an increasingly desirable neighborhood.
The demographic trends in Magnolia Heights contrast with broader national trends towards increased diversity. The income trends generally align with national patterns of income growth in the years following the 2008 recession. The neighborhood's median income remains significantly higher than the national median, indicating its status as an affluent area within St. Petersburg.
The population growth in Magnolia Heights outpaces the national average, reflecting the broader trend of population growth in Florida. This growth, combined with the neighborhood's maintained low diversity, suggests that Magnolia Heights may be experiencing a form of gentrification, attracting affluent residents while potentially displacing lower-income and minority populations.
