Gentrification in the Urban CRA

The Pensacola City Council will vote on Thursday to allocate up to $200,000 to hire a consultant to analyze the impact of urban revitalization in the CRA urban core on the Black population in the city limits. The consultant will make recommendations to mitigate the dislocation, displacement, economic loss of affordable housing and community resources in historically Black and low-income communities.

 

As part of the agenda item, the city supplied with a demographic analysis of the CRA since 2010 – see pdf.

Here’s what has the past 10 years:

The population increased by 110 people since 2010, but the majority of the growth happened from 2010-2016.

2010 2021
Census Projections Difference Since 2016
Total population 2911 3021 110 -1
White 1819 1900 81 -14
Black 935 924 -11 -4
Native American 16 15 -1 0
Asian 53 70 17 7
Some Other Race 21 26 5 1
Two or More Races 66 85 19 9

Most the growth happened in the 25-34 age group, followed by 65-74 group. The 45-54 group had the biggest decline.

2010 2021
Ages Census Projections Difference Since 2016
0 to 4 128 131 3 -1
5 to 14 229 240 11 12
15 to 19 139 113 -26 -17
20 to 24 247 168 -79 -75
25 to 34 429 602 173 54
35 to 44 351 350 -1 20
45 to 54 514 392 -122 -73
55 to 64 424 465 41 7
65 to 74 216 316 100 62
75 to 84 154 151 -3 8
85+ 76 90 14 3

The household incomes – average, median and per capita – increased with the majority happening since 2016.

2010 2021
Household Income Census Projections Difference Since 2016
Avg HH income  $     54,183  $     70,074  $    15,891  $     11,471
Median HH income  $     33,249  $     45,566  $    12,317  $       9,170
Per Capita income  $     27,667  $     35,743  $      8,076  $       6,186

Housing units increased by 360, the majority from 2010-2016. The occupancy rate is slightly up. The CRA has more renters and fewer homeowners.

2010 2021
Housing Units Census Projections Difference Since 2016
Total 1471 1831 360 322
Occupancy rate 81.5% 83.4% 1.9% 0.2%
Owner Occupied 491 427 -64 -3
Renter Occupied 713 796 83 14

CRA has more people with college degrees.

2010 2021
Higher Education Census Projections Difference Since 2016
Some college, no degree 483 471 -12 7
Associates 178 232 54 12
Bachelor’s 509 588 79 22
Graduate 273 316 43 18

 

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