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Demographics
Population
Median Income
Racial Distributions
Greenfield Lakes, a neighborhood in Gilbert, Arizona, is characterized as a "White Majority" community with a high median income. In 2022, the white population constituted 76% of the total, classifying it as a "Low Diversity" area. The neighborhood has experienced significant economic growth over the past decade, with median incomes increasing from $105,198 in 2013 to $144,856 in 2022, indicating a trend of rising prosperity.
Demographic trends in Greenfield Lakes show that it has maintained its "White Majority" status over the past decade. The white population percentage has fluctuated, starting at 71% in 2013, peaking at 83% in 2017, and settling at 76% in 2022. This suggests a slight trend towards increased diversity, although the area remains within the "Low Diversity" category. The Hispanic population, the second-largest group, has varied between 10-16% over the decade without a clear growth or decline trend. Other racial groups, including Asian and Black populations, have maintained relatively small representations, generally below 5% each.
The neighborhood has experienced substantial economic growth, with median income rising by approximately 37% from 2013 to 2022. This economic trend coincides with the slight increase in diversity, potentially indicating that the area is attracting a more diverse yet similarly affluent population. The population has remained relatively stable during this period, fluctuating between about 1,900 to 2,600 residents. This stability, combined with rising incomes, may suggest a process of gentrification or increased property values, potentially making the area less accessible to lower-income families.
Gilbert, Arizona, has been recognized as one of the fastest-growing municipalities in the United States. The trends observed in Greenfield Lakes, including increasing affluence and slight diversification, may reflect broader patterns in the Phoenix metropolitan area, which has experienced significant economic and population growth in recent years.
The median household income in Greenfield Lakes ($144,856 in 2022) is significantly higher than the national median ($70,784 in 2021), establishing this neighborhood as a particularly affluent area. This economic status may contribute to its demographic stability and low diversity, as high property values can create barriers to entry for more diverse populations.
In conclusion, Greenfield Lakes has maintained its status as a "White Majority" and "Low Diversity" community over the past decade, with signs of subtle shifts towards slightly increased diversity. The neighborhood's economic prosperity has grown significantly, which may be both a cause and effect of its demographic composition. Future observations will reveal whether these trends towards increased diversity and affluence continue, and how they might reshape the community in the coming years.