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Demographics
Population
Median Income
Racial Distributions
Pleasant Valley Estates, a neighborhood in Oxnard, California, is characterized as a Hispanic Majority community with a median income of $93,765 as of 2022. The neighborhood has maintained its Hispanic Majority status throughout the observed period, consistently showing Low Diversity. Pleasant Valley Estates has experienced significant fluctuations in its median income over the past decade, potentially related to changes in the local agricultural industry, a key economic driver in the Oxnard area.
From 2013 to 2022, Pleasant Valley Estates has consistently been categorized as Hispanic Majority, with the Hispanic population ranging from 71% to 84% of the total. The neighborhood has maintained its Low Diversity status during this period. The Hispanic population peaked at 84% in 2019 before slightly decreasing to 76% by 2022. The Asian population has fluctuated, declining from 18% in 2013 to a low of 10% in 2017-2019, before rising again to 14% in 2022. The White population has remained relatively stable, between 4-8% throughout the period. There has been a slight increase in the Black population, from 1% in 2013 to 3% in 2022.
The median income in Pleasant Valley Estates has shown significant volatility over the observed period. It decreased from $82,295 in 2013 to a low of $68,297 in 2016. After 2016, there was a steady increase, reaching a peak of $104,049 in 2021. In 2022, there was a slight decrease to $93,765. The periods of highest Hispanic concentration (2018-2019) coincided with a recovery in median income. The recent slight decrease in Hispanic population percentage has occurred alongside the highest median income levels observed.
The population has remained relatively stable, fluctuating between 4,800 and 5,600 residents, with no clear correlation to income or racial composition changes.
The persistent Hispanic Majority in Pleasant Valley Estates aligns with broader trends in Oxnard and Ventura County, known for their significant Hispanic populations largely due to the region's agricultural industry. The income volatility observed might be reflective of changes in the agricultural sector, such as drought impacts or shifts in crop values.
The slight increase in diversity in recent years, particularly the growth in the Asian and Black populations, could be indicative of broader California trends towards increased diversity in suburban areas. However, Pleasant Valley Estates appears to be diversifying at a slower rate compared to state-wide trends.
The significant increase in median income from 2016 to 2021, despite maintaining a Low Diversity status, suggests that the neighborhood has experienced economic growth that has benefited its majority Hispanic population. This trend could be indicative of upward economic mobility within the Hispanic community or the attraction of higher-income Hispanic residents to the area.
While Pleasant Valley Estates has maintained its Hispanic Majority and Low Diversity status over the past decade, subtle shifts in demographics and significant changes in median income point to a neighborhood in gradual transition. These changes may reflect broader economic and demographic trends in the region, while also highlighting the unique characteristics of this Oxnard neighborhood.