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Demographic Analysis of Fountainwood Estates: Low Diversity and Economic Growth
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Fountainwood Estates, a neighborhood in Georgetown, Texas, is characterized by Low Diversity with a white majority comprising 75% of the population as of 2022. The area has experienced economic growth, with a median income of $126,254 in 2022, indicating an affluent community. Fountainwood Estates is located near Sun City Texas, a large active adult community, which likely influences its demographic composition and economic status.
Over the past decade, Fountainwood Estates has maintained its status as a Low Diversity community, with the white population consistently representing over 75% of residents. From 2013 to 2019, the neighborhood was characterized by extremely Low Diversity, with the white population exceeding 80% and sometimes reaching 90%. Starting in 2020, there has been a shift towards slightly increased diversity. The white population decreased from 87% in 2019 to 75% in 2020 and 2022, at the threshold of the Low Diversity category.
This change coincides with an increase in the Hispanic population, rising from 7% in 2019 to 21% in 2020, and stabilizing at 16% in 2021 and 2022. There is also a small but consistent increase in the Asian and multiracial populations, suggesting the beginnings of a Transitional Community.
The demographic shifts correlate with significant economic changes. Median income has shown substantial growth, increasing from $93,723 in 2013 to $126,254 in 2022, a 34.7% increase over nine years. The most dramatic income jump occurred between 2016 and 2018, with median income rising from $99,731 to $124,491, a 24.8% increase in two years. This period of rapid income growth slightly predates the increase in diversity, possibly indicating that economic prosperity attracted a more diverse population. The population has also grown significantly, from 1,174 in 2013 to 2,296 in 2022, nearly doubling in size.
The median household income in Fountainwood Estates ($126,254 in 2022) is significantly higher than the U.S. median household income, which was around $70,784 in 2021. The neighborhood's gradual increase in diversity, particularly with growth in the Hispanic population, aligns with broader demographic trends in Texas, which has seen increasing diversity statewide. The rapid population growth in Fountainwood Estates (95.6% increase from 2013 to 2022) outpaces the overall population growth rate of Texas, which was about 15.3% from 2010 to 2020. The neighborhood's proximity to Sun City Texas, an active adult community, may explain its historically low diversity and high median income, as such communities often attract affluent retirees who are predominantly white.
Fountainwood Estates remains categorized as a Low Diversity community, but it shows signs of transitioning towards increased diversity. This shift, coupled with significant economic growth and population increase, suggests a dynamic neighborhood undergoing gradual but meaningful change. The coming years may see this community potentially move into the Moderate Diversity category if current trends continue.
