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Demographics
Population
Median Income
Racial Distributions
Old Historic Downtown in Stuart, Florida, exhibits a distinctive demographic composition as of 2022. The neighborhood has a population of 437 and a median income of $45,833. It is classified as a "Majority-Minority" community. The area's historic downtown character likely influences its demographic profile. The neighborhood has experienced significant demographic changes over the past decade.
From 2013 to 2022, Old Historic Downtown transitioned through various demographic categories. In 2013, it was categorized as having "Moderate Diversity" with a nearly equal distribution of Black (48%) and White (44%) residents. By 2017, it had become a "Black Majority" community, with the Black population reaching 52%. Between 2019 and 2022, the area shifted to a "Majority-Minority" status, where Black residents maintained a plurality but no single group exceeded 50%. The Hispanic population demonstrated consistent growth, increasing from 7% in 2013 to 13% in 2022, indicating a trend towards increased diversity.
The median income in Old Historic Downtown has shown overall growth with fluctuations. From 2013 to 2022, median income increased from $28,014 to $45,833, representing a 63.6% rise. This growth was not linear, with notable decreases in 2015 and 2017. The most substantial income growth occurred between 2018 and 2020, coinciding with shifts in racial demographics towards a more diverse population mix. The population has grown steadily from 330 in 2013 to 437 in 2022, a 32.4% increase. This population growth, combined with income increases, suggests an influx of new residents and potentially gentrification processes in the historic downtown area.
The trends observed in Old Historic Downtown align with broader patterns seen in many urban areas across the United States. These include increasing diversity in historically segregated neighborhoods, growth in Hispanic populations in areas traditionally dominated by Black and White residents, and economic fluctuations with overall growth in median income, potentially linked to urban renewal and gentrification processes in historic downtown areas.
The transition from a moderately diverse community to a majority-minority status reflects national trends towards increasing diversity in urban centers. The significant income growth, particularly from 2018 to 2020, may indicate local economic development initiatives or changes in the local job market that have attracted higher-income residents to this historic area.
Old Historic Downtown in Stuart, Florida, exemplifies a neighborhood in transition, both demographically and economically. Its evolution from moderate diversity to a majority-minority community, coupled with substantial income growth, suggests a dynamic urban environment adapting to broader societal changes and potentially benefiting from its historic character in attracting a diverse population.