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Demographic Trends in Zip Code 33140: From White Majority to Moderate Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 33140 in Miami Beach, Florida, has been classified as a "Moderate Diversity" area as of 2022. The population of this area is 21,678 with a median income of $112,699. The community exhibits a mix of racial groups, with no single group holding a clear majority. The Hispanic population comprises 44% of the total, while the White population makes up 46%.
Over the past decade, this zip code has experienced significant changes in its racial composition. In 2013, the area was classified as having a "White Majority" with 51% of the population identifying as White. By 2020, the community had transitioned to a "Majority-Minority" status, with combined minority populations exceeding 50% of the total.
The Hispanic population has shown the most notable increase, rising from 38% in 2013 to 44% in 2022. This growth, along with increases in other minority groups, has led to the area's current "Moderate Diversity" classification. Gradual increases in the Asian and Black populations, as well as those identifying as two or more races, have further contributed to the area's diversification.
The area has experienced significant economic growth alongside these demographic changes. The median income increased from $98,645 in 2013 to $112,699 in 2022, representing a 14.2% increase over the decade. This economic improvement coincides with the increasing diversity of the community, suggesting a possible correlation between demographic shifts and economic prosperity.
The population has fluctuated over the years, peaking at 25,648 in 2014 before declining to 21,678 in 2022. This population decrease, coupled with rising incomes, may indicate gentrification processes or changes in housing affordability affecting the community composition.
The demographic shifts observed in this Miami Beach zip code align with broader national trends of increasing diversity in urban areas. Many U.S. cities have experienced similar transitions from "White Majority" to "Majority-Minority" status over the past decade. The growth of the Hispanic population reflects larger demographic trends seen across Florida and other parts of the United States.
The economic growth in this area, as evidenced by the rising median income, outpaces the national average. This suggests that zip code 33140 is an economically robust area, potentially attracting diverse, high-income residents and contributing to its demographic evolution.
Zip code 33140 in Miami Beach has transformed from a "White Majority" area to a "Moderate Diversity" community over the past decade. This shift has been accompanied by significant economic growth, positioning the area as an increasingly diverse and affluent neighborhood within the broader Miami metropolitan region. These changes reflect larger national trends of urban diversification and economic development in desirable coastal areas.
