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Demographic and Economic Analysis of Hometown, Arvada: A Predominantly White Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Hometown neighborhood in Arvada, Colorado, is classified as a Low Diversity community with a White Majority. As of 2022, the white population comprises 85% of residents. The neighborhood has a median income of $128,069, which is above national averages. Hometown is designed as a master-planned community, typically attracting upper-middle-class families seeking a suburban lifestyle.
Over the past decade, Hometown has maintained its status as a Low Diversity community with a White Majority. The white population percentage has fluctuated between 89% (2014) and 82% (2017 and 2021). The Asian population has shown an increase from 3% in 2013 to 9% in 2021, before decreasing to 4% in 2022. The Hispanic population has varied, reaching 14% in 2017 and settling at 8% in 2022. These changes indicate a slow trend towards increased diversity within the Low Diversity category.
The economic trajectory of Hometown has been upward. The median income increased from $110,592 in 2013 to $128,069 in 2022, a 15.8% rise over the decade. This economic growth has coincided with subtle demographic shifts, suggesting that the neighborhood's increasing affluence may be attracting a slightly more diverse, but still predominantly white, upper-middle-class population.
The population of Hometown has grown from 235 in 2013 to 313 in 2022, a 33.2% increase. This population growth, combined with rising incomes, indicates increasing desirability and potential exclusivity of the neighborhood.
The trends in Hometown reflect broader national patterns of increasing diversity in suburban areas, albeit at a slower pace. While many U.S. suburban communities have experienced significant increases in minority populations over the past decade, Hometown's changes have been more modest.
Hometown's economic growth surpasses national trends. The U.S. median household income grew by approximately 10% between 2013 and 2022 (adjusted for inflation), while Hometown's growth of 15.8% indicates it is becoming increasingly affluent relative to national averages.
The persistence of a strong White Majority in Hometown, despite slight increases in diversity, contrasts with trends in many other suburban areas that have seen more substantial demographic shifts. This could be attributed to factors such as high property values, which may limit accessibility for some demographic groups, or to the specific appeal of its master-planned community design to certain population segments.
In conclusion, Hometown has experienced incremental increases in diversity and significant economic growth over the past decade. However, it remains a predominantly white, affluent enclave. The slow pace of demographic change, combined with rapid economic growth, suggests a community that is evolving gradually while maintaining its character as an upscale suburban neighborhood.
