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Demographics
Population
Median Income
Racial Distributions
Edgemoor, a neighborhood in St. Petersburg, Florida, has transitioned from a Low Diversity community to a Moderate Diversity community with a White Majority between 2013 and 2022. The white population decreased from 76% to 64%, while the Hispanic population increased from 12% to 17%, and the Asian population grew from 1% to 8%. The Black population remained relatively stable, fluctuating between 5-11% over the decade.
These demographic shifts indicate that Edgemoor is becoming a Transitional Community, moving towards greater diversity. The rapid increase in the Asian population and steady growth of the Hispanic community are primary factors in this transition. These changes align with broader national trends of increasing diversity in suburban areas, particularly in coastal states like Florida.
The median income in Edgemoor has experienced significant fluctuations over the past decade. From 2013 to 2018, it remained relatively stable between $53,000 and $56,000. A sharp increase occurred from 2019 to 2021, peaking at $75,874 in 2021. However, in 2022, there was a significant decrease to $62,108, though still higher than pre-2019 levels.
The economic shifts in Edgemoor correlate with the demographic changes. The period of income stability from 2013 to 2018 coincided with gradual diversification. The sharp income increase from 2019 to 2021 aligned with accelerated growth in Asian and Hispanic populations, suggesting an influx of higher-income diverse residents. The 2022 income decrease, coupled with continued diversification, may indicate a broader range of economic backgrounds among new residents.
The neighborhood's transition towards greater diversity, while maintaining a white majority, is indicative of gradual integration rather than rapid demographic turnover. This pattern suggests a relatively stable community that is becoming more inclusive over time. The changes in Edgemoor likely bring both opportunities and challenges as the community adapts to its changing demographic and economic landscape.
In conclusion, Edgemoor's evolution from a Low Diversity to a Moderate Diversity community with a White Majority, coupled with its economic fluctuations, demonstrates a neighborhood in transition. These demographic and economic changes reflect broader trends and may have significant implications for the community's future development and social dynamics.