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Demographics
Population
Median Income
Racial Distributions
Interbay, a neighborhood in Tampa, Florida, currently exhibits a "White Majority" demographic composition, with 65% of the population identifying as white in 2022. The community has experienced demographic shifts over the past decade, transitioning from a more diverse makeup to its current state. Economically, the neighborhood has seen growth in median income, reaching $61,576 in 2022. Interbay is positioned near MacDill Air Force Base, which likely influences its demographic and economic characteristics.
In 2013, Interbay could be categorized as having "Moderate Diversity," with representation from white (64%), black (22%), and Hispanic (9%) populations. Over the years, the neighborhood underwent a transition, briefly touching on "High Diversity" around 2017 when no racial group exceeded 50% and at least three groups had over 10% representation. However, by 2022, the area had shifted to a "White Majority" status, with the white population increasing to 65% while other racial groups saw declines.
This transition might be attributed to several factors: possible gentrification or urban renewal projects attracting more white residents, changes in military personnel demographics at the nearby MacDill Air Force Base, and broader migration patterns within the Tampa Bay area.
The demographic shifts correlate with economic changes. Median income rose from $53,606 in 2013 to $61,576 in 2022, a 14.9% increase. This income growth coincided with the increase in the white population percentage. The population grew from 3,143 in 2013 to 3,400 in 2022, indicating an increase in neighborhood population. The economic improvements and demographic shifts appear intertwined, potentially reflecting a cycle of increased property values, higher-income residents moving in, and changes in the racial makeup of the area.
Interbay's shift towards a white majority is somewhat atypical, as many urban areas across the United States have been trending towards greater diversity. However, the income growth aligns with broader national trends of economic recovery and growth following the 2008 recession. The presence of MacDill Air Force Base nearby could be a factor for the local economy, potentially buffering the neighborhood from more extreme economic fluctuations seen in other parts of the country.
Interbay has undergone a transformation over the past decade, moving from a moderately diverse community to one with a white majority. This change has been accompanied by economic growth, suggesting a relationship between demographic shifts and economic factors. The influence of the nearby military base adds an additional factor to understanding these trends, potentially providing both stability and a source of demographic change.