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Demographics
Population
Median Income
Racial Distributions
Ranchitos Verde, a neighborhood in Gilbert, Arizona, is classified as a Low Diversity community with a White Majority. As of 2022, the white population constitutes 78% of the area, with 14% identifying as two or more races. The median income in 2022 was $87,269, indicating an upper-middle-class suburban area. Ranchitos Verde is characterized by equestrian-friendly zoning, allowing residents to keep horses on their properties.
Over the past decade, Ranchitos Verde has maintained its Low Diversity status with a White Majority. The white population decreased from 92% in 2013 to 78% in 2022. The Hispanic population fluctuated, peaking at 10% in 2020 before decreasing to 8% in 2022. The most significant change was the increase in residents identifying as two or more races, growing from 1% in 2013 to 14% in 2022. These changes suggest a potential transition towards increased diversity.
The median income in Ranchitos Verde has shown fluctuation over the years. It reached a peak of $103,261 in 2014 but declined to $87,269 in 2022. Despite this decline, the median income remains above the national average, indicating the neighborhood's affluent status. The population has varied between 537 and 814 residents over the decade, with no clear trend of growth or decline.
Ranchitos Verde's demographic shifts are less pronounced than those in other parts of the Phoenix metropolitan area. The broader region has experienced more rapid diversification, particularly with growth in Hispanic and Asian populations. Gilbert has been one of the fastest-growing municipalities in Arizona, attracting a more diverse population than in previous decades.
The neighborhood's resistance to rapid change may be partially attributed to its equestrian-friendly character, which could limit housing density and maintain higher property values, potentially slowing demographic shifts. The increase in multiracial residents aligns with national trends, as reported in the 2020 U.S. Census.
Ranchitos Verde has maintained economic resilience, sustaining a high median income despite fluctuations. This suggests that while the neighborhood is slowly diversifying, it remains an enclave of relative affluence within the broader Gilbert area.
Ranchitos Verde is showing signs of a gradual transition towards greater diversity while maintaining its economic standing. If current trends continue, it may evolve into a Moderate Diversity community in the future, potentially altering the character of this equestrian-friendly neighborhood.