Loading Content...
Demographic Analysis of Zip Code 33703: White Majority with Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
DATA SOURCE
United States Census Bureau: American Community Survey Data (ACS)
Zip code 33703 in St. Petersburg, Florida, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 26,700 and a median income of $95,384, indicating a relatively affluent suburban neighborhood.
Over the past decade, this zip code has maintained its status as a "White Majority" area. However, there is evidence of a gradual shift towards increased diversity. The white population has decreased from 85% in 2013 to 77% in 2022, while the Hispanic population has grown from 6% to 10%, and the Black population has doubled from 3% to 6%. The Asian population has remained stable at around 2-3% throughout the decade.
The economic trajectory of the zip code shows significant growth. Median income has increased from $74,656 in 2013 to $95,384 in 2022, representing a 27.8% increase over nine years. There was a notable spike in median income to $106,870 in 2021, followed by a slight decrease in 2022. Population has grown from 23,771 in 2013 to 26,700 in 2022, an increase of 12.3%.
The rising median income correlates with the increasing diversity, suggesting that the area may be attracting more affluent minorities or that existing residents are experiencing economic gains.
The trend towards increasing diversity in this zip code aligns with broader national trends of suburbanization of minorities and increasing diversity in previously predominantly white areas. The substantial income growth in this zip code likely outpaces national averages, indicating that this area is becoming increasingly affluent relative to other parts of the country. The stability of the Asian population percentage, despite growth in other minority groups, may suggest that this community hasn't seen the same level of Asian immigration or relocation as some other suburban areas across the US.
In conclusion, while zip code 33703 remains a "White Majority" area, it's showing signs of a gradual transition towards greater diversity. This demographic shift is occurring alongside significant economic growth, suggesting a complex interplay between racial composition changes and economic development. The area appears to be evolving into a more diverse, affluent suburban community, reflecting broader national trends but with its own unique characteristics and pace of change.
