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Demographics
Population
Median Income
Racial Distributions
Newbury Park, a neighborhood in Thousand Oaks, California, is classified as a White Majority community with Moderate Diversity. In 2022, the white population constituted 64% of residents, with Hispanic and Asian populations at 19% and 10% respectively. The neighborhood has a median income of $129,559, indicating its affluent status within the greater Los Angeles area.
Over the past decade, Newbury Park has transitioned from a Low Diversity to a Moderate Diversity community. The white population decreased from 67% in 2013 to 64% in 2022, while Hispanic and Asian populations increased. The Hispanic population grew from 16% in 2017 to 19% in 2022. The percentage of residents identifying as two or more races doubled from 2% in 2013 to 4% in 2022.
The demographic shifts in Newbury Park have occurred alongside economic growth. The median income increased from $122,372 in 2013 to $129,559 in 2022, representing a 5.9% increase. The population has remained relatively stable, fluctuating between 59,000 and 61,000 residents over the decade.
The trends in Newbury Park align with patterns observed in many affluent suburbs across the United States. As communities become more economically prosperous, they often attract a more diverse population, transitioning from Low Diversity to Moderate Diversity.
The rate of change in Newbury Park appears slower than in many other suburban communities in California. This may be due to high housing costs, which could limit accessibility for some demographic groups. The neighborhood's high median income, above state and national averages, likely contributes to maintaining its current demographic composition while allowing for gradual diversification.
Newbury Park remains a White Majority community but shows signs of a gradual transition towards greater diversity. This evolution, combined with continued economic prosperity, suggests the neighborhood is likely to continue attracting a more diverse population in the future, potentially leading to further demographic shifts.