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Demographics
Population
Median Income
Racial Distributions
Casanova Oak Knoll, a neighborhood in Monterey, California, exhibits a White Majority demographic composition with a median income of $82,699 as of 2022. This suburban area, located near Monterey Bay, has experienced demographic shifts over the past decade. From 2013 to 2022, Casanova Oak Knoll has maintained its status as a White Majority community. The white population percentage increased from 60% in 2013 to 72% in 2022. The Hispanic population decreased from 24% in 2013 to 11% in 2022. The Asian population decreased slightly from 10% to 5%. The category "Two or More Races" increased from 3% to 9%.
The median income in Casanova Oak Knoll has increased from $80,016 in 2013 to $82,699 in 2022, with fluctuations. A peak of $96,317 was observed in 2021, followed by a decrease in 2022. The overall trend shows a modest increase in median income. As the neighborhood became less diverse racially, median incomes generally increased. This may suggest that the rising cost of living in the area is influencing its demographic composition.
Population trends show a decrease from 4,135 in 2013 to 3,286 in 2022, indicating that the neighborhood is becoming less densely populated. This could be due to factors such as housing market changes, family size reductions, or shifts in local economic opportunities.
The trends observed in Casanova Oak Knoll diverge from national patterns. While many urban and suburban areas across the U.S. have been becoming more diverse over the past decade, this neighborhood has seen an increase in its white majority. This could be indicative of broader regional trends in California's coastal communities, where high costs of living often lead to demographic shifts.
The modest income growth in Casanova Oak Knoll may not have kept pace with the rapid increases in housing costs seen in many California cities. This could explain the population decrease, as some residents may have been priced out of the area.
Casanova Oak Knoll presents a case of a community becoming less diverse while maintaining economic stability. These trends suggest an interplay between economic factors and demographic composition, potentially reflecting broader issues of affordability and access in California coastal locations.