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Demographic Analysis of Greater Corona Village: Shifts in Racial Composition and Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Greater Corona Village in Chandler, Arizona, is a neighborhood characterized by Low Diversity with a significant White Majority of 76% in 2022. The area has a median income of $64,789 as of 2022 and a population of 720. The neighborhood is situated within Chandler, a city known for its tech industry presence and rapid growth.
Over the past decade, Greater Corona Village has maintained its status as a White Majority community, with some fluctuations in racial composition. From 2013 to 2015, the neighborhood exhibited Moderate Diversity, with a White majority of 76-78% and a Hispanic population of 14-18%. Between 2016 and 2020, the area transitioned to Low Diversity, with the White population increasing to 80-91% and a decline in the Hispanic population. In 2021-2022, while still categorized as Low Diversity, signs of a potential Transitional Community emerged, with the White population decreasing to 76% and the Hispanic population increasing to 13%.
The neighborhood's median income has shown significant volatility over the past decade. High median incomes of $102,541 - $103,649 were observed in 2013-2014, coinciding with a period of Moderate Diversity. From 2015 to 2020, a sharp decline in median income occurred, dropping to $63,194 in 2017, which corresponded with the shift towards Low Diversity. In 2021, there was a dramatic spike in median income to $112,801, followed by a drop to $64,789 in 2022.
The demographic trends in Greater Corona Village somewhat reflect broader patterns seen in many U.S. suburbs, where increasing diversity is gradually changing traditionally homogeneous communities. The recent increase in Hispanic population from 1% in 2020 to 13% in 2022 is notable and may be part of a larger trend of Hispanic population growth in Arizona.
The neighborhood's small population makes it more susceptible to rapid demographic changes compared to larger communities, which could explain some of the dramatic shifts observed over short periods. The economic volatility observed alongside these demographic shifts suggests a complex interplay between racial composition and economic factors in this small Chandler neighborhood.
Greater Corona Village appears to be at a potential turning point, transitioning from a period of Low Diversity to possibly becoming a more diverse community. The economic and demographic shifts observed suggest ongoing changes in the neighborhood's composition and socioeconomic status.
