Loading Content...
Demographic Trends in Caya Costa: A Study of Racial Composition and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Caya Costa, a neighborhood in St. Petersburg, Florida, is classified as having Low Diversity with a White Majority. As of 2022, the white population comprises 77% of the area's 439 residents. The median income is $75,377, indicating an upper-middle-class economic status. Caya Costa is located near the Gulf of Mexico, offering coastal views and a beach-oriented lifestyle.
Over the past decade, Caya Costa has transitioned from extreme Low Diversity to Low Diversity with signs of increasing racial heterogeneity. In 2013, the neighborhood was 92% white, decreasing to 77% by 2022. The Asian population increased from 0% to 7%, the Hispanic population from 7% to 10%, and those identifying as two or more races from 0% to 6%. These changes suggest a slow transition towards greater diversity.
The demographic shifts in Caya Costa have coincided with economic growth. The median income rose from $56,679 in 2013 to $75,377 in 2022, a 33% increase. The population has remained stable, fluctuating between 430 and 470 residents. This stability, combined with rising incomes and increasing diversity, may indicate a gradual turnover of residents rather than rapid expansion or gentrification.
The trends in Caya Costa reflect broader national patterns of increasing diversity in suburban and coastal areas, particularly in Florida. However, the pace of change in Caya Costa is slower than in many other parts of the state and country. Florida as a whole has been experiencing rapid demographic shifts, particularly with growing Hispanic populations, while Caya Costa's changes are more gradual.
The economic growth in Caya Costa outpaces the national average, which saw median household incomes rise by about 10% between 2013 and 2022. This suggests that Caya Costa is becoming increasingly affluent relative to national trends, potentially attracting a more diverse group of high-income residents.
Caya Costa remains a predominantly white, affluent neighborhood, but shows signs of slowly transitioning towards greater diversity. This gradual shift, coupled with significant economic growth, suggests a changing neighborhood dynamic that may continue to evolve in the coming years, potentially leading to a more diverse and economically robust community.
