The median income in Beacon Square has shown volatility over the years, which may be partly attributed to the small population size where individual household changes can significantly impact overall statistics. The median income rose from $52,268 in 2013 to a peak of $62,487 in 2019, coinciding with the period of slightly increased racial diversity. Following this peak, there was a decline to $54,872 in 2020, which may be related to the economic impacts of the COVID-19 pandemic. The income has since stabilized around $55,000, suggesting a return to pre-2019 economic conditions.

Beacon Square's demographic composition does not reflect the increasing diversity trends seen in many urban areas across the United States over the past decade. The neighborhood's small population size makes it particularly susceptible to rapid demographic shifts based on the decisions of just a few households, which is atypical for larger urban communities. The median income fluctuations, particularly the sharp rise and fall between 2019 and 2020, may be more pronounced than national averages due to the small sample size, but the overall trend of income growth followed by a pandemic-related decline is consistent with broader economic patterns observed in many parts of the country.

Beacon Square presents a case of a small, predominantly white community that has largely resisted the diversification trends seen in many urban areas. While there have been brief periods suggesting potential for increased diversity, the neighborhood has consistently returned to a state of Low Diversity with a strong White Majority. The economic trends, while volatile, have generally mirrored broader national patterns, suggesting that despite its demographic homogeneity, the community is not insulated from wider economic forces.