The median income in Peach Lake has shown considerable fluctuation over the decade, with an overall upward trend. It rose from $149,200 in 2013 to $175,064 in 2021 before settling at $157,332 in 2022. This represents a net increase of about 5.5% over the period, outpacing inflation and suggesting growing affluence in the area.

Periods of increased diversity seem to correlate with higher median incomes. The peak in median income in 2021 ($175,064) coincided with one of the more diverse years in terms of racial composition. This could suggest that the area is attracting higher-income individuals from diverse backgrounds.

The population has remained relatively stable, growing modestly from 4,907 in 2013 to 4,946 in 2022, an increase of less than 1%. This stability, combined with rising incomes and gradual diversification, indicates a community slowly evolving while maintaining its core character.

The trends observed in Peach Lake are consistent with broader patterns seen in many affluent suburban areas near major metropolitan centers. The gradual increase in diversity, particularly among Asian and Hispanic populations, aligns with national trends of suburban diversification.

The high median income and its growth over the decade suggest that Peach Lake is likely outperforming national averages in terms of household wealth. The stability of the population, combined with rising incomes, may indicate a highly desirable living area with limited housing stock, typical of established, affluent suburbs.

Peach Lake represents a "White Majority" community showing signs of gradual transition towards greater diversity. Its economic profile suggests a wealthy area that is slowly becoming more inclusive, potentially attracting diverse, high-income residents. The trends indicate a community evolving in line with broader national patterns of suburban diversification and economic growth.