The median income in El Encanto has exhibited significant volatility over the decade. It started at $52,065 in 2013, dropped to $37,503 in 2016, then rebounded to $76,298 in 2021 before settling at $55,511 in 2022. This economic trajectory correlates with demographic shifts, suggesting that periods of increased diversity coincided with lower median incomes, while the return to a stronger White Majority aligned with economic recovery.

The population of El Encanto has remained relatively stable, fluctuating between 546 (2010) and 726 (2014) residents, with 588 recorded in 2022. This stability in population amidst income fluctuations suggests that the neighborhood retained its overall appeal to residents despite changing economic conditions.

El Encanto's demographic trends differ from national trends, which have generally shown increasing diversity over the past decade. While the neighborhood briefly moved towards greater diversity in the mid-2010s, it has since reverted to a more homogeneous composition. This could be attributed to its status as a historic district, which may attract a specific demographic interested in preserving its traditional character.

The economic volatility experienced in El Encanto, particularly the sharp drop and subsequent recovery in median income, is more pronounced than typical national trends. This could indicate local economic factors specific to Tucson or this particular neighborhood, possibly related to changes in local industries or real estate market dynamics.

El Encanto presents a case of a neighborhood that has largely maintained its demographic character as a White Majority, Low Diversity community despite brief periods of increased diversity. The economic fluctuations have not led to sustained demographic changes, suggesting a resilient community structure that has maintained its distinct identity within Tucson.