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Demographics
Population
Median Income
Racial Distributions
Aguajito Oaks, a neighborhood in Monterey, California, is classified as a White Majority community with a high median income. As of 2022, the neighborhood is categorized as Low Diversity, with 71% of the population identifying as white. The median income of $152,083 in 2022 indicates an affluent community, significantly above the national average. Aguajito Oaks is located near the Monterey Bay Aquarium, which may influence its demographic and economic characteristics.
Over the past decade, Aguajito Oaks has maintained its status as a White Majority community. From 2013 to 2020, the neighborhood showed signs of becoming slightly more diverse, with the white population decreasing from 73% to 70%. The Asian population experienced fluctuations, peaking at 15% in 2020 before declining to 5% in 2022. The Hispanic population has grown steadily from 9% in 2013 to 12% in 2022.
The median income in Aguajito Oaks has shown an upward trend. From 2013 to 2022, the median income increased from $125,162 to $152,083, representing a 21.5% growth over nine years. A significant increase occurred between 2019 and 2021, with median income rising from $137,113 to $158,711, a 15.8% increase in two years.
The population has fluctuated over the years, with a notable decrease from 2,828 in 2020 to 2,411 in 2022, coinciding with a slight dip in median income from $158,711 in 2021 to $152,083 in 2022.
The median income in Aguajito Oaks is significantly higher than the national median household income, which was around $67,521 in 2020. The neighborhood's persistent White Majority status contrasts with national trends towards increasing diversity in many urban and suburban areas. The recent population decrease of 14.7% from 2020 to 2022 is noteworthy and may be related to broader trends such as the COVID-19 pandemic's impact on housing preferences or local economic factors.
Aguajito Oaks presents a picture of a stable, affluent, predominantly white community that has experienced subtle demographic shifts and steady economic growth over the past decade. While it has maintained its Low Diversity status, there are signs of gradual change, particularly in the Hispanic population. The recent population decrease and income fluctuations may indicate new dynamics at play, potentially influenced by broader societal and economic factors.