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Demographics
Population
Median Income
Racial Distributions
Park Villas, a neighborhood in Aurora, Colorado, currently exhibits characteristics of Moderate Diversity with a White Majority. As of 2022, the white population comprises 64% of the neighborhood, with significant Hispanic (19%) and Black (9%) populations. The area has seen substantial economic growth, with median income rising from $46,626 in 2013 to $87,596 in 2022. Park Villas has experienced notable population growth, increasing from 2,115 residents in 2010 to 3,034 in 2022.
Over the past decade, Park Villas has transitioned from a neighborhood with Low Diversity to one of Moderate Diversity. In 2013, the area could be categorized as having Low Diversity, with the white population at 68% and other racial groups having minimal representation. By 2022, the neighborhood had evolved into a more diverse community. The most significant change has been the growth of the Hispanic population, which increased from 7% in 2013 to 19% in 2022. This shift suggests that Park Villas is becoming a Transitional Community, particularly in terms of Hispanic representation. The Black population has remained relatively stable, fluctuating between 6% and 14% over the years.
The Asian population has decreased slightly from 9% in 2013 to 4% in 2022, while the proportion of residents identifying as two or more races has grown from 2% to 4% in the same period, further contributing to the area's increasing diversity. The demographic shifts in Park Villas correlate strongly with significant economic growth. The median income has nearly doubled from $46,626 in 2013 to $87,596 in 2022, an 88% increase. This substantial rise in income levels suggests that the neighborhood has become increasingly attractive to middle and upper-middle-class residents across various racial groups.
The population growth from 2,084 in 2013 to 3,034 in 2022 (a 46% increase) aligns with this economic upturn, indicating that Park Villas has likely seen new housing developments or increased housing density to accommodate the influx of residents. The trends observed in Park Villas reflect broader patterns seen in many suburban areas across the United States. The increasing diversity, particularly the growth in Hispanic population, mirrors national demographic shifts. According to the U.S. Census Bureau, the Hispanic population has been one of the fastest-growing demographic groups in the country.
The substantial increase in median income in Park Villas outpaces the national average. While the U.S. median household income grew by about 10% between 2013 and 2021 (adjusted for inflation), Park Villas saw an 88% increase, suggesting that this neighborhood has experienced particularly strong economic growth compared to national averages. The transition from Low Diversity to Moderate Diversity in Park Villas is indicative of a broader trend of increasing diversity in American suburbs. This shift often correlates with economic growth and can lead to cultural enrichment and increased community vibrancy.
Park Villas has undergone a significant transformation over the past decade, evolving into a more diverse and economically prosperous community. These changes reflect both local dynamics and broader national trends, positioning Park Villas as an increasingly attractive and dynamic neighborhood within Aurora, Colorado.