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Demographics
Population
Median Income
Racial Distributions
Cyprus Southwest in Tempe, Arizona, is categorized as a "Low Diversity" neighborhood with a White Majority. As of 2022, 78% of the population identifies as white. The area has experienced economic growth, with median income increasing from $65,162 in 2013 to $85,277 in 2022. The neighborhood's proximity to Arizona State University likely influences its demographic composition and economic characteristics.
Over the past decade, Cyprus Southwest has maintained its status as a White Majority area. From 2013 to 2018, the neighborhood showed signs of moving towards "Moderate Diversity." The Hispanic population increased from 14% to 23%, while the white population decreased from 65% to 68%. Post-2018, there was a reversal of this trend, with the white population increasing to 82% by 2020, solidifying the area's "Low Diversity" classification.
The Asian population has shown a gradual increase from 1% in 2013 to 5% in 2022, indicating a slow but steady growth in this demographic. The Black population has fluctuated between 1% and 8% over the years, showing no clear trend.
The neighborhood has experienced significant economic growth. Median income rose from $65,162 in 2013 to $102,330 in 2021, before declining to $85,277 in 2022. This economic growth coincides with the period of increasing white population percentage, suggesting a possible correlation between the two trends. The population has remained relatively stable, fluctuating between 1,600 and 2,300 residents, with no clear upward or downward trend.
The increase in median income in Cyprus Southwest outpaces the national average, which grew from about $52,000 in 2013 to $70,000 in 2022. The neighborhood's demographic trends contrast with national trends, which have generally shown increasing diversity. This could be due to the area's specific characteristics, such as its proximity to the university. The slight decrease in diversity since 2018 might be related to broader gentrification trends seen in many university-adjacent neighborhoods across the US.
Cyprus Southwest has maintained its status as a predominantly white neighborhood over the past decade, with a trend towards even lower diversity in recent years. This demographic stability has been accompanied by significant economic growth, suggesting a complex interplay between racial composition and economic factors in this university-adjacent community.