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Demographics
Population
Median Income
Racial Distributions
Pacific Grove Acres, a neighborhood in Pacific Grove, California, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the neighborhood has a population of 1,339 and a median income of $95,970. This affluent coastal community is known for its Victorian architecture and proximity to the Monterey Bay Aquarium.
Over the past decade, Pacific Grove Acres has consistently maintained its status as a Low Diversity community with a White Majority. The percentage of white residents has remained above 75% throughout the period, ranging from 78% to 84%. There have been subtle shifts in the minority populations. The Asian population fluctuated between 5-8%, showing a slight increase over time. The Hispanic population decreased from 11% in 2013 to 5% in 2022. The population of two or more races increased from 2% in 2013 to 4-5% in recent years.
The median income in Pacific Grove Acres has shown a generally upward trend, increasing from $84,375 in 2013 to $95,970 in 2022, with a peak of $105,321 in 2021. This represents a 13.7% increase over the decade, outpacing inflation and suggesting growing affluence in the neighborhood. As the median income increased, the population slightly decreased from 1,597 in 2013 to 1,339 in 2022. This could indicate a trend of smaller, wealthier households moving into the area.
The correlation between demographic and economic trends suggests that as the neighborhood became more affluent, it may have become less accessible to some Hispanic residents, possibly due to rising housing costs. Conversely, the slight increase in Asian and multiracial populations might be linked to high-income professionals from these groups moving into the area.
The demographic trends in Pacific Grove Acres somewhat diverge from broader California trends. While California as a whole has become increasingly diverse and is now a Majority-Minority state, Pacific Grove Acres has maintained its White Majority status. However, the gradual increase in Asian and multiracial populations aligns with statewide trends of growing diversity in these categories.
The economic growth in Pacific Grove Acres outpaces the California average. While the state's median household income grew by about 10% between 2013 and 2022, Pacific Grove Acres saw a 13.7% increase. This suggests that the neighborhood is becoming increasingly affluent relative to the state average, potentially contributing to its ability to maintain its demographic composition in the face of broader diversification trends.
In conclusion, Pacific Grove Acres remains a Low Diversity, White Majority community. Subtle shifts in its minority populations and significant economic growth indicate a slowly evolving demographic landscape. The neighborhood's ability to maintain its racial composition while experiencing economic growth sets it apart from broader state trends and may present both opportunities and challenges for community cohesion and socioeconomic diversity in the future.