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Demographics
Population
Median Income
Racial Distributions
Palos Verdes Estates (zip code 90274) in California is characterized as a White Majority community with Moderate Diversity as of 2022. The white population comprises 60% of the total, with Asian representation at 24%. The area has a median income of $166,584.
Over the past decade, Palos Verdes Estates has maintained its status as a White Majority community, but has been transitioning towards increased diversity. The white population decreased from 68% in 2013 to 60% in 2022, while the Asian population increased from 21% to 24%. The Hispanic population grew from 5% in 2013 to 6% in 2022, and the Black population increased from 1% to 3%.
The area's economic status has remained stable and high. The median income has fluctuated between approximately $166,000 and $181,000 over the past decade, with no clear correlation to the demographic changes. The population has remained relatively stable, decreasing slightly from 26,306 in 2013 to 26,022 in 2022.
The trends observed in Palos Verdes Estates align with broader patterns seen in many affluent suburban areas across the United States, particularly in California. Many such communities are experiencing gradual increases in diversity, often driven by growth in Asian and Hispanic populations.
The stability of the high income levels amid increasing diversity is noteworthy. This could be attributed to the area's established reputation, excellent schools, and desirable location, which continue to attract high-income residents across racial groups.
In conclusion, Palos Verdes Estates is showing signs of becoming a Transitional Community, moving slowly from a White Majority to a more diverse composition, while remaining a bastion of extreme affluence. The gradual nature of this transition and the maintenance of high economic status suggest a carefully managed evolution of the community's character.