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Demographics
Population
Median Income
Racial Distributions
Walnut Wood, a neighborhood in Rancho Cordova, California, exhibits a White Majority demographic composition with moderate diversity. As of 2022, the neighborhood has a population of 8,620 and a median income of $62,339. The neighborhood has experienced significant population growth in recent years, particularly between 2020 and 2021.
Over the past decade, Walnut Wood has maintained its status as a White Majority community, but with notable changes in its racial composition. The white population has remained the majority, fluctuating between 52% and 58% from 2013 to 2022. The Hispanic community has shown moderate growth, increasing from 17% in 2013 to 22% in 2018-2019, before slightly decreasing to 17% in 2022. The Asian community has seen significant growth, increasing from 12% in 2013 to 16% in 2019-2020, before slightly decreasing to 14% in 2022.
The Black population has decreased from 10% in 2013 to 5% in 2019-2021, with a slight increase to 7% in 2022. Other racial groups, including Native Americans, Pacific Islanders, and those identifying as two or more races, have maintained relatively small percentages throughout the decade. The neighborhood has transitioned from Low Diversity in the early 2010s to Moderate Diversity by 2022, with three racial groups (White, Hispanic, and Asian) each representing over 10% of the population.
The median income in Walnut Wood has shown fluctuations over the past decade. From 2013 to 2015, there was a decline from $56,953 to $53,219. In 2016, there was a sharp drop to $48,164. From 2017 to 2021, there was a steady increase to $68,048. In 2022, there was a slight decrease to $62,339.
The economic trajectory appears to correlate with demographic shifts. The period of income decline (2013-2016) coincides with an increase in Hispanic population and a decrease in Asian population. The subsequent income recovery and growth (2017-2021) aligns with the stabilization of the White majority and growth in the Asian population.
The demographic shifts in Walnut Wood reflect broader trends seen in many Californian suburbs, where increasing diversity is becoming the norm. The growth in Asian and Hispanic populations is consistent with statewide trends. The economic recovery and growth from 2017 to 2021 outpaced national averages. However, the slight income decline in 2022 might indicate that the neighborhood is not immune to recent economic challenges faced nationwide.
Walnut Wood has evolved from a predominantly White, low-diversity neighborhood to a moderately diverse community with a stable White majority and growing Asian and Hispanic populations. These demographic shifts have been accompanied by economic fluctuations, culminating in overall income growth over the decade. The neighborhood's trajectory suggests it is gradually aligning with California's increasing diversity while maintaining a distinct community character.