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Demographics
Population
Median Income
Racial Distributions
Rivo Alto Island, a neighborhood in Miami Beach, Florida, exhibits a White Majority demographic composition with 65% of the population identifying as white in 2022. The neighborhood is characterized by its high-income status, with a median income of $142,628 in 2022, significantly above the national average. Rivo Alto Island is one of the man-made Venetian Islands in Biscayne Bay.
Over the past decade, Rivo Alto Island has consistently maintained its White Majority status, with the white population percentage ranging from 57% to 71%. The Hispanic population has fluctuated, peaking at 40% in 2014 but decreasing to 24% by 2022. By 2022, there is a noticeable increase in Asian (4%) and Two or More Races (6%) categories, indicating a trend towards slightly increased diversity. The Black population has shown a minor increase from 0% in 2013 to 1-3% in recent years.
The median income in Rivo Alto Island has shown some fluctuation but remains consistently high. The highest median income was recorded in 2015 at $159,369. There has been a slight decline in median income from the 2015 peak to $142,628 in 2022, representing about a 10% decrease. The population has decreased significantly from 393 in 2015 to 193 in 2022. This population decline coincides with the slight decrease in median income.
The median income in Rivo Alto Island ($142,628 in 2022) is likely significantly higher than both the Miami-Dade County and national averages, indicating an affluent enclave within the broader urban area. The persistent White Majority status of Rivo Alto Island contrasts with the broader Miami-Dade County, which is known for its high Hispanic population and overall diversity. The decreasing population coupled with consistently high income levels suggests Rivo Alto Island may be becoming increasingly exclusive, possibly due to rising property values or changes in housing stock.
While Rivo Alto Island has maintained its status as a high-income, predominantly white neighborhood over the past decade, subtle shifts towards increased diversity are emerging. The correlation between slight income decline and population decrease suggests potential changes in the neighborhood's socio-economic fabric, possibly reflecting broader trends in luxury real estate markets or demographic shifts in affluent urban enclaves.