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Demographics
Population
Median Income
Racial Distributions
Towne Meadows, a neighborhood in Gilbert, Arizona, exhibits a White Majority demographic profile with moderate diversity. As of 2022, the community has a population of 2,310 and a median income of $89,387. Towne Meadows is characterized by recent development and rapid growth, typical of suburban areas in the Phoenix metropolitan region.
Over the past decade, Towne Meadows has maintained its status as a White Majority community, but with shifts towards increased diversity. In 2013, the neighborhood was categorized as Low Diversity, with the white population comprising 80% of residents. By 2022, this percentage decreased to 69%, indicating a transition towards Moderate Diversity. The Hispanic population has shown significant growth, increasing from 9% in 2013 to 20% in 2022. This trend suggests a gradual shift towards a more diverse community composition.
The Asian population has grown from 2% in 2013 to 4% in 2022, while the Black population increased from negligible levels to 3%. These changes contribute to the overall diversification trend in the neighborhood. The median income in Towne Meadows has shown fluctuation over the past decade, with an overall upward trend. From $76,654 in 2013, it rose to $89,387 in 2022, representing a 16.6% increase. This economic growth coincides with the increasing diversity of the neighborhood.
There was a significant spike in median income to $107,436 in 2021, followed by a decrease in 2022. The population of Towne Meadows has remained relatively stable over the decade, with some fluctuations. It peaked at 3,098 in 2015 and has since settled around 2,300 residents. This stability, combined with rising incomes and increasing diversity, suggests a maturing community that is gradually evolving while maintaining its overall character.
The demographic shifts observed in Towne Meadows align with broader trends seen in many suburban areas across the United States, particularly in fast-growing Sun Belt regions. The gradual increase in diversity, especially in Hispanic and Asian populations, reflects national demographic trends of the 2010s and early 2020s. The economic growth in Towne Meadows, as evidenced by the rising median income, outpaces the national average.
The stability in population size, coupled with increasing diversity and rising incomes, indicates that Towne Meadows is likely experiencing some degree of generational turnover. As original residents move out, they are being replaced by a more diverse group of newcomers, gradually changing the community's demographic makeup while maintaining its economic status. Towne Meadows represents a community in transition, moving from Low Diversity to Moderate Diversity while maintaining its White Majority status. The neighborhood's economic prosperity and gradual diversification suggest it is adapting to broader demographic shifts while retaining its appeal as a desirable suburban community.