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Demographics
Population
Population Density
Lakewood Terrace, a neighborhood in St. Petersburg, Florida, exhibited significant population changes from 2010 to 2022. The area's population density of 3,052.12 people per square mile in 2022 categorizes it as a dense suburban area. This classification is supported by the presence of diverse housing types, including townhouses and low-rise apartments.
Population data analysis reveals distinct trends. The period from 2010 to 2011 saw a minor increase, with the population reaching 2,000 residents. Subsequently, a sharp decline occurred, resulting in a population of 1,217 by 2015. This decrease may be attributed to various factors such as economic changes, shifting housing preferences, or local development projects.
From 2015 to 2018, the population stabilized and showed a slight upward trend, reaching 1,282 residents. However, 2019 experienced another significant decrease to 877 residents, the lowest point in the observed period. This fluctuation suggests a potential local event or policy change that impacted the neighborhood's demographics.
Recent years indicate a recovery trend, with the population increasing to 1,149 in 2022. This increase may suggest renewed interest in the area, possibly due to urban renewal efforts or changes in local amenities.
The estimated 440 housing units for the 2022 population, based on the national average household size, indicates a relatively dense residential layout. This density, combined with the suburban classification, likely provides residents with access to local services, schools, and public transportation options.
Lakewood Terrace's location in St. Petersburg suggests proximity to waterfront activities and a climate suitable for year-round outdoor activities. The suburban density implies a balance between urban conveniences and a more relaxed atmosphere compared to city centers.
In conclusion, Lakewood Terrace has experienced significant demographic changes over the past decade, with periods of decline followed by recent recovery. These shifts reflect the dynamic nature of suburban neighborhoods and the various factors influencing urban population patterns. The current trend suggests a stabilizing and potentially growing community, which may lead to further developments in local infrastructure and services.