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Demographic Analysis of Carol Rae Ranch: A Study of Racial Composition and Diversity Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Carol Rae Ranch, a neighborhood in Gilbert, Arizona, exhibits Low Diversity characteristics with a white majority of 69% as of 2022. The area has a median income of $111,836, indicating an affluent community. Carol Rae Ranch is known for its equestrian-friendly properties, combining suburban living with rural elements.
Over the past decade, Carol Rae Ranch has transitioned from extremely Low Diversity to showing signs of becoming a Transitional Community. In 2013, the white population constituted 76% of residents. By 2022, while maintaining a white majority, the neighborhood experienced an increase in Hispanic and multiracial populations. The Hispanic population grew from 11% in 2013 to 21% in 2022, and those identifying as two or more races increased from 1% to 4%. The Asian population has remained relatively stable, fluctuating between 2-7% over the years.
The demographic shifts in Carol Rae Ranch have occurred alongside an upward trend in median income. From 2013 to 2022, the median income increased from $103,392 to $111,836, an 8% rise. The population of the neighborhood has remained relatively stable, decreasing slightly from 2,358 in 2013 to 2,331 in 2022. This stability in population size, combined with increasing diversity and rising incomes, suggests a gradual turnover in residents rather than rapid expansion or gentrification.
The trends observed in Carol Rae Ranch align with broader national patterns of increasing diversity in suburban areas, particularly in the Southwest. However, the pace of diversification in this neighborhood appears to be slower than national averages. The high median income of the area may be a factor in maintaining a more gradual pace of demographic change.
The growth in the Hispanic population mirrors trends seen across Arizona and the broader Southwest, reflecting the region's changing demographics. The representation of Black residents remains low at 1% in 2022.
Carol Rae Ranch remains a predominantly white, affluent neighborhood but shows signs of a gradual transition towards greater diversity. This shift, coupled with rising incomes, suggests a community in the early stages of demographic evolution. The coming years will likely determine whether this trend accelerates, potentially moving the neighborhood towards Moderate Diversity or maintaining its current trajectory as a Transitional Community with a strong economic base.
