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Demographic and Economic Trends in Woodland Terrace: A Black Majority Neighborhood in Tampa
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Woodland Terrace, a neighborhood in Tampa, Florida, is characterized as a Black Majority community with a median income of $47,549 as of 2022. The neighborhood is categorized as "Low Diversity," with African Americans comprising 70% of the population. Woodland Terrace has experienced population growth over the past decade, increasing from 1,436 residents in 2010 to 1,968 in 2022.
Over the past decade, Woodland Terrace has maintained its status as a Black Majority community, with some fluctuations. From 2013 to 2018, there was a decrease in the Black population from 75% to 62%, accompanied by an increase in the Hispanic population from 15% to 27%. This trend reversed from 2019 to 2022, with the Black population increasing to 70% and the Hispanic population decreasing to 21%. The White population remained relatively stable at 7-9%, decreasing to 5% by 2022.
The demographic shifts in Woodland Terrace correlate with changes in median income. From 2013 to 2016, as the Black majority slightly decreased and Hispanic population increased, the median income remained relatively stagnant, decreasing slightly from $28,549 to $27,618. From 2017 onwards, as the Black majority strengthened, there was a significant increase in median income, rising from $35,109 in 2017 to $47,549 in 2022, representing a 35% increase over five years.
The economic improvement coincided with a population increase from 1,497 in 2017 to 1,968 in 2022, suggesting increased attractiveness of the neighborhood, possibly due to improving economic conditions.
Woodland Terrace's median income of $47,549, while showing significant improvement, falls below the national average of approximately $70,784 in 2022. The neighborhood's demographic makeup, with a 70% Black majority, differs from national averages, where the Black population was about 13.6% in 2022.
The population growth in Woodland Terrace (about 37% from 2010 to 2022) outpaces the overall U.S. population growth rate of around 7% for the same period. This suggests that Woodland Terrace is experiencing more rapid development or becoming more attractive to residents compared to national trends.
Woodland Terrace presents a case of a neighborhood maintaining its Black Majority status while experiencing economic improvement and population growth. This trend differs from many urban areas where increasing diversity often accompanies economic growth. The neighborhood's maintenance of cultural identity while improving economically could provide insights for urban planners and policymakers focusing on community development and economic empowerment in predominantly minority neighborhoods.
