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Demographic and Economic Trends in Lakecrest Cape: A Study of Race and Income
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Lakecrest Cape, a neighborhood in Arvada, Colorado, is characterized as a Low Diversity community with a White Majority. The neighborhood has a population of 850 and a median income of $140,859 as of 2022. Lakecrest Cape has experienced significant economic growth over the past decade, with its median income increasing by approximately 48% since 2013.
Throughout the period from 2013 to 2022, Lakecrest Cape has maintained its status as a Low Diversity community with a White Majority. The white population has consistently remained above 80%, reaching a peak of 96% in 2019. Recent years have shown subtle signs of increasing diversity. The Hispanic population has grown from 3% in 2019 to 9% in 2022. The Asian population, while small, has shown fluctuations and is currently at 2%. A small but noticeable "Two or More Races" category (2% in 2022) has emerged, indicating a trend towards increased racial mixing.
The neighborhood has experienced substantial economic growth, with median income rising from $95,377 in 2013 to $140,859 in 2022. This growth has not been linear. A sharp increase occurred between 2017 and 2021, with income peaking at $162,160 in 2021. A slight decline in median income occurred from 2021 to 2022. The economic growth correlates with the maintenance of the white majority but also coincides with the subtle increases in diversity.
Population has remained relatively stable, fluctuating between 850 and 972 residents over the decade. This stability, combined with rising incomes, indicates that the neighborhood has likely seen property value increases and possibly some gentrification.
Lakecrest Cape's median income ($140,859 in 2022) is significantly higher than the national median household income (about $70,784 in 2021), indicating that this is an affluent area. The increase in Hispanic population, albeit small, aligns with national trends of growing Hispanic communities across the U.S. The maintenance of a strong white majority (86% in 2022) is notably higher than the national average (about 60% non-Hispanic white as of 2021), suggesting that Lakecrest Cape is less diverse than many urban and suburban areas across the country.
Lakecrest Cape represents a prosperous, predominantly white suburban neighborhood that has seen significant economic growth over the past decade. While it remains a Low Diversity community, there are early signs of increasing racial diversity, particularly in the Hispanic population. These trends suggest that while the neighborhood is changing, it is doing so gradually, maintaining its character as an affluent, primarily white suburban enclave.
