The demographic shifts in Park El Monte correlate with changes in median income. In 2013, the median income was $47,126. As the Asian population increased and the neighborhood transitioned to a more diverse composition, the median income rose to $57,789 by 2021, a 22.6% increase over eight years. This trend suggests that the increasing Asian population may have contributed to economic growth in the area.

The population has decreased from 28,043 in 2013 to 25,373 in 2022, a 9.5% decline. This population decrease, coupled with rising median income, might indicate a gentrification process or changing housing affordability that could be influencing the demographic composition.

The demographic shifts in Park El Monte reflect broader trends seen in many California urban areas, where Asian populations have been growing and Hispanic populations have seen slower growth or slight declines. The increasing diversity and rising median income align with patterns observed in other parts of the Los Angeles metropolitan area.

Park El Monte's population decline contrasts with the overall growth trend in California, which saw a population increase until 2020 before experiencing a slight decline. This local population decrease might be attributed to factors such as housing costs, job market changes, or migration patterns specific to the El Monte area.

The neighborhood's economic trajectory, with its rising median income, mirrors broader trends in California where income levels have generally increased over the past decade. However, the rate of increase in Park El Monte appears to be more pronounced, potentially indicating a faster pace of economic change compared to state averages.

Park El Monte has evolved from a Hispanic Majority community to a more diverse, Majority-Minority neighborhood with a growing Asian population and increasing median income. These changes reflect broader regional trends but also highlight unique local dynamics, suggesting a community in transition both demographically and economically.