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Demographics
Population
Median Income
Racial Distributions
Zip code 80111 in Greenwood Village, Colorado, is classified as a "White Majority" community with "Low Diversity" as of 2022. The area has a population of 33,130 and a high median income of $137,727, which is significantly above the national average. This affluent Denver suburb has maintained a consistent racial composition over the past decade, with slight shifts towards increased diversity.
Over the past decade, Greenwood Village has remained in the "White Majority" category, with the white population consistently above 70%. There has been a gradual trend towards increased diversity, albeit at a slow pace. The community has shown signs of becoming a "Transitional Community," particularly with the growth of the Asian population and those identifying as two or more races.
The Asian population has grown from 8% in 2013 to 14% in 2022, representing the most significant change in racial demographics. The percentage of residents identifying as two or more races has increased from 1% in 2013 to 5% in 2022. These shifts suggest a slow but steady move towards greater diversity, though the area still falls under the "Low Diversity" category due to the dominant white majority. Hispanic representation has remained relatively stable, fluctuating between 7-9% throughout the decade. Black representation has been consistently low, hovering around 1-2%.
The economic status of Greenwood Village has remained exceptionally high throughout the period. The median income has shown a steady increase from $118,011 in 2013 to $137,727 in 2022, representing a growth of about 16.7% over nine years. This trend indicates a continuing influx of high-income residents and/or increasing prosperity among existing residents. The population growth has been moderate, increasing from 30,578 in 2013 to 33,130 in 2022, a growth of about 8.3%.
The correlation between demographic shifts and economic trends suggests that the increasing diversity, particularly the growth in the Asian population, may be linked to high-skilled, high-income professionals moving into the area, possibly associated with tech or other lucrative industries in the greater Denver area.
The median household income in Greenwood Village ($137,727 in 2022) is significantly higher than the national median, which was around $70,784 in 2021. This places Greenwood Village among the most affluent communities in the country. The slow increase in diversity, particularly with growth in the Asian population, aligns with broader trends seen in many high-income suburban areas across the United States, especially those near tech hubs or major metropolitan areas.
The stability of the community's racial composition and steady economic growth suggest that Greenwood Village has maintained its character as an exclusive, high-income suburb while slowly becoming more diverse. This gradual change might be attributed to its high cost of living, which could limit rapid demographic shifts and maintain its status as a predominantly white, affluent enclave.
While Greenwood Village shows signs of being a "Transitional Community" with slow but steady increases in diversity, it remains a "White Majority" area with "Low Diversity" and exceptionally high income levels. The community's demographic and economic trends reflect its status as an exclusive suburb that is gradually adapting to broader societal shifts towards increased diversity, albeit at a pace slower than many other American communities.