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Demographics
Population
Median Income
Racial Distributions
Virginia Key, a neighborhood in Miami, Florida, has experienced significant demographic changes from 2013 to 2022. The community transitioned from moderate diversity to a Hispanic majority with low diversity. As of 2022, the population of Virginia Key was 31, with 90% identifying as Hispanic. This represents a substantial shift from 2013 when the population was evenly split between Hispanic and White residents at 44% each.
The transformation to a Hispanic majority occurred rapidly. By 2016, 81% of residents identified as Hispanic, increasing to 97% by 2021 before slightly decreasing to 90% in 2022. This change coincided with fluctuations in median income. In 2013, the median income was $108,418. It declined to $61,579 in 2018 as the Hispanic population increased, but subsequently rose to $95,108 by 2022.
The population of Virginia Key grew from 9 residents in 2013 to 31 in 2022. This growth, while small in absolute terms, represents a significant percentage increase for this community. The demographic shift in Virginia Key is notable when compared to broader trends in Miami and Florida. While Miami has a large Hispanic population of about 70%, the concentration in Virginia Key is more pronounced.
The economic fluctuations observed in Virginia Key differ from general trends in Miami, where median incomes have risen more steadily over the past decade. This suggests that Virginia Key's unique characteristics, including its small size, island location, and rapid demographic change, have led to a more volatile economic environment than seen in the broader urban area.
Virginia Key presents a case study of rapid demographic transition in a micro-community setting. Its evolution from a moderately diverse neighborhood to a Hispanic majority, low diversity community, coupled with significant economic fluctuations, offers insights into the complex interplay between racial demographics and economic factors in small, geographically distinct urban areas.