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Demographics
Population
Median Income
Racial Distributions
Snell Isle, a neighborhood in St. Petersburg, Florida, exhibits a low diversity demographic profile with a white majority of 90% as of 2022. The area has a median income of $135,263 in 2022, which is higher than the national average. Snell Isle is known for its waterfront properties and prestigious homes.
Over the past decade, Snell Isle has maintained its status as a low diversity community with a white majority. The white population decreased from 95% in 2013 to 90% in 2022. The Hispanic population increased from 2% in 2013 to 5% in 2022, peaking at 8% in 2021. Black and Asian populations have shown slight increases in recent years.
The economic status of Snell Isle has grown over the decade. Median income increased from $106,034 in 2013 to $135,263 in 2022, a 27.6% increase. The most significant increase occurred between 2018 and 2019, with median income rising from $116,568 to $132,454. Population figures have remained relatively stable, fluctuating between 2,800 and 3,300 residents throughout the decade.
The increasing median income correlates with the maintained low diversity status, suggesting that the neighborhood's affluence may be a factor in its demographic composition. The slight increases in diversity have not significantly altered the economic trajectory of the area.
Snell Isle's resistance to rapid demographic change is notable and may be attributed to several factors. High property values and cost of living may limit accessibility for more diverse populations. The established nature of the neighborhood, with its luxury homes and waterfront properties, may result in lower turnover rates compared to more dynamic urban areas. The overall affluence of the area might contribute to a more stable population, with less influx of new residents from diverse backgrounds.
In comparison to national trends, where many cities are seeing increases in high diversity or moderate diversity classifications, Snell Isle's persistent low diversity status is somewhat atypical for an urban neighborhood in a major metropolitan area. The economic growth in Snell Isle outpaces national averages for median income increases, reflecting its status as an affluent enclave within St. Petersburg. This economic strength may continue to influence the neighborhood's demographic composition in the coming years, potentially slowing further diversification unless broader socio-economic changes occur in the region or targeted efforts are made to increase accessibility and inclusion.