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Demographic Analysis of Fincher Farms, Gilbert: A White Majority Neighborhood with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Fincher Farms, a neighborhood in Gilbert, Arizona, is characterized as a White Majority community with Moderate Diversity as of 2022. The white population constitutes 64% of residents, with Hispanic (14%) and Black (11%) communities representing significant minorities. The neighborhood has experienced substantial growth, with the population increasing from 553 in 2010 to 1,112 in 2022. This growth has been accompanied by changes in demographic composition and economic indicators.
Fincher Farms has transitioned from Low Diversity to Moderate Diversity over the past decade. In 2013, the white population was 66%, with Asian (16%) and Hispanic (12%) groups having significant representation. The neighborhood has since evolved to a Moderate Diversity classification, with increased representation from Black and Hispanic communities. The data suggests that Fincher Farms is becoming a Transitional Community, with the percentage of Black residents increasing from 0% in 2015 to 11% in 2022.
The Asian population has decreased from 16% in 2013 to 5% in 2022, indicating possible out-migration or changing settlement patterns. The median income in Fincher Farms has shown significant fluctuations, peaking at $89,738 in 2017 and declining to $58,593 in 2022. This income volatility coincides with rapid population growth, suggesting an influx of lower-income residents or economic challenges faced by existing residents.
With the population more than doubling over the decade and an estimated 426 housing units in 2022, there may be increasing pressure on housing availability and affordability in the neighborhood. The demographic shifts in Fincher Farms align with broader trends of increasing diversity in suburban areas across the United States, particularly in fast-growing Sun Belt regions like Arizona.
The sharp decline in median income from 2017 to 2022 may reflect broader economic challenges, possibly exacerbated by the COVID-19 pandemic and its aftermath. The rapid population growth and increasing diversity suggest that Fincher Farms may be an attractive destination for various ethnic groups, potentially due to factors such as affordable housing, job opportunities, or community amenities.
Fincher Farms represents a suburban neighborhood undergoing significant demographic and economic changes. Its transition from a predominantly white, low-diversity area to a more diverse community with a growing minority population reflects broader trends in American suburbs. The concurrent decline in median income raises questions about the economic implications of these demographic shifts and the overall trajectory of the neighborhood's development.
