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Demographics
Population
Median Income
Racial Distributions
St. Armands, a neighborhood in Sarasota, Florida, is predominantly White with Low Diversity. In 2022, 83% of the population identified as white. The neighborhood has experienced fluctuations in demographic composition and economic status over the past decade. St. Armands is known for its upscale shopping district, St. Armands Circle, which features boutiques, restaurants, and art galleries, contributing to its affluent character.
From 2013 to 2020, St. Armands maintained a homogeneous racial composition, categorized as Low Diversity with a White Majority consistently above 97%. Recent years indicate a shift towards becoming a Transitional Community. Between 2020 and 2022, the white population decreased from 97% to 83%, while Asian and Hispanic populations increased their representation. This transition suggests a gradual move towards Moderate Diversity, though the community remains predominantly white.
The median income in St. Armands has fluctuated but generally remained high, indicating an affluent neighborhood. In 2013, the median income was $103,502, which declined in subsequent years before peaking at $106,601 in 2019. The most recent data for 2022 shows a median income of $95,993, lower than the 2019 peak but still indicative of a high-income area.
The population of St. Armands increased from 429 in 2020 to 718 in 2022. This population growth coincides with increased racial diversity, suggesting that new residents from various racial backgrounds may be moving into the area. The correlation between demographic shifts and economic trends is not straightforward. While the neighborhood has become more diverse, the median income has remained relatively stable, indicating that new, more diverse residents are likely of similar economic status to the existing population.
The recent diversification of St. Armands, while significant for the neighborhood, lags behind national trends. The U.S. as a whole has been experiencing increasing diversity, with many urban areas classified as either High Diversity or Majority-Minority. St. Armands' shift from Low Diversity to potentially Moderate Diversity aligns with broader national trends, albeit at a slower pace. The median income in St. Armands remains above the national average, which was around $67,521 in 2020. This suggests that despite recent demographic changes, St. Armands continues to be an affluent area, potentially attracting high-income individuals from diverse backgrounds.
The increase in population and diversity between 2020 and 2022 could be part of a larger trend of migration to Florida, which has seen significant population growth in recent years. Many areas in Florida have experienced an influx of residents from other states and countries, contributing to increased diversity and economic growth. St. Armands remains a predominantly White Majority, Low Diversity community, but recent trends suggest it is evolving into a Transitional Community with the potential for increased diversity in the coming years. This evolution, coupled with its consistently high median income, positions St. Armands as an affluent area that is slowly aligning with broader national trends of increasing diversity.