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Demographics
Population
Median Income
Racial Distributions
West Riverfront, a neighborhood in Tampa, Florida, has transitioned from a Black Majority community to one of Moderate Diversity between 2013 and 2022. The neighborhood's population increased from 1,427 to 1,732 during this period. In 2013, the Black population comprised 66% of the total, but by 2022 this percentage decreased to 36%. Concurrently, the White and Hispanic populations increased, resulting in a more diverse demographic composition.
The economic profile of West Riverfront has also changed significantly. The median income nearly doubled from $21,366 in 2013 to $41,643 in 2022, representing a 95% increase. This substantial income growth coincides with the increasing diversity of the neighborhood, potentially indicating gentrification or revitalization processes.
West Riverfront's demographic shifts align with broader trends observed in many urban areas across the United States. The neighborhood's transformation from a predominantly Black community to one of Moderate Diversity with a growing economy is characteristic of changes seen in other cities. The Hispanic population in West Riverfront grew from 10% to 23% over a decade, outpacing the national trend of Hispanic population growth.
The median household income in Tampa was approximately $55,634 in 2020, indicating that West Riverfront, despite its significant income growth, still lags behind the city average. This disparity suggests ongoing economic challenges for some residents, notwithstanding the overall positive trend in the neighborhood.
West Riverfront's proximity to the Hillsborough River likely influences its development and attractiveness to diverse populations. The neighborhood's transformation brings both opportunities and challenges, potentially reshaping its cultural landscape and economic prospects. As West Riverfront continues to evolve, it will be important to monitor how these changes impact long-time residents and community cohesion.