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Demographics
Population
Median Income
Racial Distributions
Stonegate Estates, located in Mesa, Arizona, represents a White Majority community with moderate diversity. As of 2022, the neighborhood has a population of 3,409 and a median income of $67,793. The neighborhood has maintained a relatively stable population size over the past decade, fluctuating between 3,200 and 4,200 residents.
Over the past decade, Stonegate Estates has transitioned from a Low Diversity community to one with Moderate Diversity. In 2013, the neighborhood exhibited Low Diversity with a white population of 81%. By 2022, the white population decreased to 62%, while Hispanic representation increased from 14% to 26%. This shift indicates a Transitional Community, moving towards greater diversity.
The neighborhood has maintained its status as a White Majority community throughout the period, but the trend suggests it may be approaching a tipping point. If current trends continue, it could potentially transition to a White Plurality or Majority-Minority community in the coming years.
The median income in Stonegate Estates has shown fluctuation over the years, with a general upward trend from 2013 to 2021, followed by a decrease in 2022. The peak median income was $75,887 in 2021, dropping to $67,793 in 2022, a decrease of over 10%.
The periods of highest median income (2015-2017 and 2021) coincide with the years when the Hispanic population was growing but had not yet reached its peak. This suggests that the initial phases of increasing diversity corresponded with economic growth in the neighborhood.
The recent drop in median income in 2022 correlates with a continued increase in diversity, particularly in the Hispanic and two or more races categories. This might indicate economic challenges as the community adjusts to demographic changes, or it could reflect broader economic trends affecting the region.
The demographic shifts observed in Stonegate Estates align with broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have been experiencing similar transitions from predominantly white communities to more diverse neighborhoods over the past two decades.
The economic fluctuations, particularly the recent drop in median income, may be part of a larger pattern affecting many American communities in the wake of the COVID-19 pandemic and subsequent economic challenges.
Stonegate Estates represents a community in transition, moving from Low Diversity to Moderate Diversity while maintaining a White Majority. The economic implications of these demographic shifts are mixed, with periods of growth followed by a recent decline. These changes likely present both opportunities and challenges for community cohesion and local economic development in the coming years.