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Demographic and Economic Trends in Fort Pierce South: A Study of Neighborhood Diversity and Race
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Fort Pierce South, Florida, is classified as a Moderate Diversity community as of 2022. The population consists of 36% Hispanic, 43% White, and 19% Black residents. Over the past decade, the neighborhood has undergone significant demographic changes. The community has transitioned from a more evenly distributed racial composition to its current state. Economically, the area has experienced substantial growth, with median income increasing from $30,959 in 2013 to $48,124 in 2022, indicating improved economic conditions despite recent fluctuations.
In 2013, Fort Pierce South was categorized as a Majority-Minority community with no single racial group constituting a majority. The White population (46%) was the largest group, followed by Hispanic (28%) and Black (25%) populations. Over the decade, the community transitioned towards a Moderate Diversity classification, with significant changes in racial composition. The Hispanic population increased from 28% in 2013 to 36% in 2022, becoming the second-largest group. The White population experienced volatility, decreasing to 37% in 2018 before increasing to 43% in 2022. The Black population steadily decreased from 25% in 2013 to 19% in 2022.
The neighborhood experienced significant economic growth over the past decade, with median income rising by approximately 55% from 2013 to 2022. This growth correlates with the demographic shifts. From 2013 to 2016, median income remained relatively stable at around $31,000. Between 2017 and 2021, as the Hispanic population grew and diversity increased, the area saw substantial income growth, with median income rising from $34,189 in 2017 to $56,044 in 2021. However, there was a notable decrease in median income from $56,044 in 2021 to $48,124 in 2022, coinciding with a slight increase in the White population and decrease in the Hispanic population.
The economic changes suggest that increasing diversity, particularly the growth of the Hispanic population, may have contributed to economic vitality in the area. However, the recent volatility indicates that the community may be experiencing economic challenges or adjustments.
The demographic shifts in Fort Pierce South align with broader trends seen across Florida and many parts of the United States, where Hispanic populations have been growing rapidly. The economic growth experienced by this community is also reflective of the general economic recovery and expansion seen in many parts of Florida following the 2008 recession. The recent volatility in both demographics and income is noteworthy and may warrant further investigation. It could be indicative of broader economic pressures, changes in local industries, or shifts in migration patterns that are affecting this specific community more acutely than others in the region.
Fort Pierce South has evolved from a Majority-Minority community to one of Moderate Diversity over the past decade, with significant growth in its Hispanic population and economic indicators. While these changes have generally corresponded with positive economic outcomes, recent fluctuations suggest that the community may be at a crossroads, facing both opportunities and challenges as it continues to evolve demographically and economically.
