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Demographics
Population
Median Income
Racial Distributions
The St. Lucie Estates/Broadway neighborhood in Stuart, Florida, exhibited significant demographic changes between 2013 and 2022. As of 2022, the area was classified as a "Low Diversity" community with a white majority of 85%. The median income in 2022 was $57,086, indicating a middle-class suburban area. This neighborhood experienced notable demographic and economic shifts over the decade.
From 2013 to 2018, the neighborhood transitioned from "Low Diversity" to "Moderate Diversity". In 2013, the area had 91% white population. By 2018, the white population decreased to 70%, with increases in Hispanic (15%) and Black (8%) populations. From 2019 to 2022, this trend reversed. The community reverted to "Low Diversity" status, with the white population increasing to 85% by 2022.
The median income in the neighborhood grew from $32,416 in 2013 to $57,086 in 2022, representing a 76% increase. The most significant increase occurred between 2017 and 2018, rising from $42,089 to $53,098. The population peaked in 2018 at 1,256 residents, coinciding with the period of highest diversity. By 2022, the population decreased to 915, aligning with the return to "Low Diversity" status.
The period of increased diversity (2013-2018) coincided with rapid income growth, suggesting a potential correlation between diversity and economic benefits. The reversal to "Low Diversity" from 2019-2022 saw continued but slower income growth, potentially indicating a shift in the neighborhood's socioeconomic character.
The neighborhood's trends reflect broader national patterns. Many U.S. suburbs have experienced increased diversity over the past decades, similar to this neighborhood's 2013-2018 trend. The reversal to "Low Diversity" post-2018 could be part of a gentrification process seen in many urban and suburban areas nationwide. The significant income growth outpaces national averages, suggesting local economic factors or development initiatives may be influencing the area.
In conclusion, the St. Lucie Estates/Broadway neighborhood underwent a notable demographic and economic transformation from 2013 to 2022. It experienced a period of increasing diversity and rapid income growth, followed by a reversal to a less diverse, more affluent community. These changes likely reflect broader regional development patterns and potentially signal ongoing gentrification processes in the area.