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Demographics
Population
Median Income
Racial Distributions
Rio Caballo, a neighborhood in Gilbert, Arizona, is classified as a Moderate Diversity community with a White Majority as of 2022. The white population constitutes 65% of the neighborhood, while the Hispanic population represents 25%. The median income in 2022 is $68,372. Rio Caballo has transitioned from a Low Diversity community to its current state of Moderate Diversity over the past decade.
From 2013 to 2022, Rio Caballo experienced significant demographic shifts. The white population decreased from 77% to 65%, the Hispanic population increased from 15% to 25%, and the Black population rose from 1% to 6%. These changes indicate that Rio Caballo is becoming a Transitional Community, moving towards greater diversity.
The demographic changes in Rio Caballo have occurred alongside economic developments. The median income increased from $52,899 in 2013 to $68,372 in 2022, representing a 29% rise. The population grew from 1,525 in 2013 to 1,598 in 2022. The increasing median income suggests that the neighborhood has become more affluent, potentially attracting a more diverse population of professionals and families from various backgrounds.
The demographic shifts observed in Rio Caballo align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have experienced similar transitions from predominantly white communities to more diverse neighborhoods over the past decade. The increase in Hispanic and Black populations in Rio Caballo mirrors the growing diversity seen in many parts of Arizona and the Southwest United States.
The economic growth in Rio Caballo, as evidenced by the rising median income, is consistent with the overall economic development of Gilbert, which has been recognized as one of the fastest-growing municipalities in Arizona. This local prosperity likely contributes to the area's ability to attract a more diverse population.
Rio Caballo's evolution from a Low Diversity to a Moderate Diversity community with a rising median income reflects broader national trends of suburban diversification and economic growth. As this Transitional Community continues to develop, it may face both opportunities and challenges associated with increasing diversity, potentially requiring adaptations in local services, community engagement, and cultural integration efforts.