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Demographic and Economic Trends in Barclay Estates: A Study of Racial Composition and Income Fluctuations
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Barclay Estates, a neighborhood in St. Petersburg, Florida, is characterized as a "White Majority" community with moderate diversity as of 2022. The white population comprises 79% of residents, with other racial groups represented significantly. The median income of $50,647 in 2022 indicates a middle-class suburban area. Barclay Estates has experienced notable fluctuations in both its demographic composition and economic indicators over the past decade.
From 2013 to 2022, Barclay Estates transitioned through several diversity categories. From 2013 to 2016, the neighborhood maintained a "Low Diversity" status, with the white population consistently above 80%. Between 2017 and 2021, a shift towards "Moderate Diversity" occurred, with the white population decreasing to 65-68% and significant increases in Black and Hispanic populations. In 2022, the neighborhood reverted to a "White Majority" status, but with higher diversity than the early 2010s.
The median income in Barclay Estates has fluctuated considerably. From 2013 to 2015, it remained relatively stable around $50,000. In 2016, there was a sharp decline to $41,451. The years 2017-2018 saw a recovery to previous levels. Another significant drop to $43,327 occurred in 2019. From 2020 to 2022, the median income stabilized around $50,000.
These economic fluctuations correlate with demographic changes. The period of increased diversity (2017-2021) coincided with some of the highest median incomes. The sharp income drops in 2016 and 2019 may have triggered demographic shifts, potentially causing some residents to move out and others to move in.
Population trends show growth from 2015 to 2019, peaking at 2,399 residents in 2018, followed by a decline to 1,907 in 2022. This recent population decrease, coupled with the return to a stronger white majority, may indicate a shift in the neighborhood's attractiveness or affordability to different demographic groups.
The demographic shifts in Barclay Estates reflect broader national trends of increasing diversity in suburban areas. However, the recent reversal towards a stronger white majority is less common and might be specific to local factors in St. Petersburg or Florida more broadly. The income fluctuations, particularly the sharp drops, could be related to wider economic events such as industry changes in the area or impacts from natural disasters.
Barclay Estates presents a dynamic picture of a neighborhood in flux, experiencing significant demographic and economic changes over a decade. These shifts highlight the complex interplay between racial composition, economic factors, and population movements in shaping the character and trajectory of urban neighborhoods.
