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Demographic Shifts and Racial Composition in Truman Annex, Key West: From White Majority to Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Truman Annex neighborhood in Key West, Florida, has undergone significant demographic changes from 2013 to 2022. In 2022, the neighborhood is categorized as a "White Majority" community with 58% of the population identifying as white, a decrease from 86% in 2013. The Hispanic population increased from 4% to 25%, and the Black population rose from 6% to 12% during this period. These changes indicate a shift from "Low Diversity" to "Moderate Diversity" in the neighborhood.
The economic status of Truman Annex has also changed during this time frame. The median income increased from $85,324 in 2013 to $100,957 in 2022, representing an 18% growth. This economic improvement coincides with the increasing diversity of the neighborhood, suggesting a potential relationship between demographic shifts and economic opportunities.
Truman Annex's transformation aligns with broader trends observed in many urban areas across the United States, where increased diversity is becoming more common. The neighborhood's strong economic growth, however, stands out compared to national averages. This may be attributed to Key West's unique appeal as a desirable location.
The evolution of Truman Annex from a former naval base to a mixed-use residential and commercial area likely contributes to its demographic and economic changes. Such redevelopment projects often attract a diverse range of new residents, contributing to both population growth and increased diversity.
Truman Annex exemplifies a neighborhood in transition, moving from a predominantly white, low-diversity area to a more diverse, economically robust community. This shift reflects broader national trends towards increased urban diversity while maintaining strong economic growth. These changes may position Truman Annex as an attractive location for a wide range of residents in the future.
