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Demographic Analysis of Shore Acres: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Shore Acres, a neighborhood in St. Petersburg, Florida, exhibits a Low Diversity demographic profile with a strong White Majority. As of 2022, the white population comprises 85% of the community, exceeding the 75% threshold for Low Diversity classification. The neighborhood has a median income of $122,462 in 2022, above the national average. Shore Acres is known for its waterfront properties and proximity to Tampa Bay, contributing to its high property values.
Over the past decade, Shore Acres has maintained its status as a White Majority community with Low Diversity. The percentage of white residents has decreased from 90% in 2013 to 85% in 2022. The Hispanic population has increased from 5% in 2013 to 8% in 2022. The Asian population has increased from 1% in 2013 to 2% in 2022. The category of two or more races peaked at 8% in 2018 before settling at 2% in 2022. These changes indicate a slow trend towards increased racial diversity.
The neighborhood has experienced significant economic growth over the past decade. The median income has increased from $99,200 in 2013 to $122,462 in 2022, representing a 23.4% growth over nine years. The median income reached a high of $149,895 in 2021, before adjusting downward in 2022. The population has remained relatively stable, fluctuating between 5,500 and 6,000 residents throughout the decade.
Shore Acres' demographic and economic trends align with broader patterns seen in many affluent suburban neighborhoods across the United States. Many predominantly white, affluent suburbs are experiencing gradual increases in diversity, particularly among Asian and Hispanic populations, though often at a slower rate than national averages. The significant increase in median income reflects a national trend of growing income inequality, with affluent areas seeing disproportionate income growth compared to less affluent neighborhoods. The relatively stable population suggests that Shore Acres may have limited new housing development, which is common in established, high-value neighborhoods.
Shore Acres remains a Low Diversity, White Majority community, but shows signs of gradual diversification coupled with substantial economic growth. These trends suggest a slowly evolving demographic landscape within an increasingly affluent neighborhood, reflective of broader national patterns in similar suburban communities.
