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Demographic and Economic Analysis of Bessey Neighborhood: A Predominantly White Community in Stuart, Florida
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Bessey neighborhood in Stuart, Florida, is classified as a Low Diversity community with a White Majority, with 87% of the population identifying as white in 2022. The neighborhood has experienced significant economic growth over the past decade, with median income increasing from $19,139 in 2013 to $77,899 in 2022. Bessey's proximity to the St. Lucie River is a notable feature that may influence its desirability and property values.
From 2013 to 2022, Bessey has maintained its status as a Low Diversity community with a White Majority. The white population percentage fluctuated slightly, decreasing from 87% in 2013 to 85% in 2014, then increasing to 95% in 2017 before returning to 87% in 2022. The black population, which was 6% in 2013, decreased to 0% by 2016 and has remained at that level. The Hispanic population has fluctuated between 4% and 9% over the decade without a clear trend. By 2022, there was a small increase in diversity, with the emergence of Asian (1%), Native American (2%), and Two or More Races (5%) categories.
The median income in Bessey has experienced substantial growth. From 2013 to 2021, there was a consistent upward trend, with income rising from $19,139 to $104,999. A slight decrease occurred in 2022, with median income settling at $77,899. This income growth correlates with the maintenance of the white majority and may suggest gentrification processes. The slight increase in diversity in recent years, coupled with the minor income decrease in 2022, might indicate the beginning of a more inclusive community development.
Population figures have fluctuated, ranging from a low of 323 in 2018 to a high of 530 in 2015, with no clear trend. This volatility could reflect changing housing availability or desirability of the area.
Bessey's demographic stability contrasts with national trends towards increasing diversity. The neighborhood's dramatic income growth outpaces national averages, suggesting localized factors driving economic change. The maintenance of a white majority despite income growth differs from patterns seen in many urban areas where increasing property values often lead to more diverse populations. This could indicate unique local factors, such as limited housing stock or specific zoning regulations, influencing demographic composition.
While Bessey remains categorized as a Low Diversity, White Majority community, subtle shifts in recent years hint at the potential for future changes. The dramatic income growth, coupled with these small demographic shifts, suggests a community in the early stages of transition, potentially moving towards greater diversity in the coming years if current trends continue.
