Alongside these demographic shifts, Goddard Heights has experienced steady economic growth. The median income has increased from $71,851 in 2013 to $82,933 in 2022, representing a 15.4% growth over the decade. This economic improvement coincides with the increasing diversity of the neighborhood. The population has remained relatively stable, fluctuating between 3,400 and 3,900 residents throughout the decade.

The trends observed in Goddard Heights align with broader national patterns of increasing diversity in suburban areas. Many traditionally white-majority suburbs across the United States have experienced similar demographic shifts, particularly with growth in Hispanic and multiracial populations. The steady increase in median income also reflects a national trend of economic recovery and growth following the 2008 recession.

The pace of diversification in Goddard Heights appears to be slower than in many comparable suburbs nationwide. While the neighborhood is becoming more diverse, it remains predominantly white to a greater degree than many similar communities that have transitioned more rapidly to Moderate or High Diversity categories. The economic growth in Goddard Heights outpaces the national average for the same period, suggesting that the neighborhood has been particularly successful in attracting or retaining higher-income residents amid its demographic changes.

Goddard Heights exemplifies a gradual transition from a homogeneous, white-majority suburb to a more diverse community. While still categorized as Low Diversity, the neighborhood shows clear signs of evolving into a Transitional Community. These demographic shifts, coupled with strong economic growth, suggest that Goddard Heights is adapting to changing societal norms while maintaining its appeal as a prosperous suburban enclave.