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Demographics
Population
Median Income
Racial Distributions
Rancho Sereno, a neighborhood in Albuquerque, New Mexico, has transitioned from a White Majority community to a Moderate Diversity community with a Hispanic Plurality between 2013 and 2022. The Hispanic population increased from 44% to 46%, while the White population decreased from 50% to 38%. The neighborhood's median income in 2022 was $75,832, indicating an upper-middle-class economic status.
From 2013 to 2022, Rancho Sereno experienced a gradual shift in its demographic composition. The community briefly experienced periods of High Diversity, particularly in 2018 when no single group exceeded 40% of the population. However, it has generally maintained a Moderate Diversity profile throughout the decade, with Hispanic and White populations consistently representing significant portions of the community.
A notable change occurred in 2020 with the introduction of a significant "Other" category (13%), which has persisted through 2022. This could indicate an influx of residents from diverse backgrounds not captured by the main racial categories, potentially signaling a trend towards increased diversity.
The median income in Rancho Sereno has undergone significant changes over the decade. From 2013 to 2019, the neighborhood maintained a high median income, peaking at $130,084 in 2018. However, there was a sharp decline starting in 2020, with the median income dropping to $77,628, further decreasing to $73,401 in 2021, before slightly recovering to $75,832 in 2022.
This economic shift coincides with the increase in diversity and the growth of the Hispanic population. The demographic changes may have influenced the economic profile of the neighborhood, or vice versa. The sharp decline in 2020 could be attributed to the global COVID-19 pandemic, which may have disproportionately affected certain demographic groups or industries prevalent in the area.
The demographic shifts in Rancho Sereno align with broader trends seen in many urban areas across the United States, where increasing diversity and growing Hispanic populations are common. The transition from a high-income enclave to a more economically diverse neighborhood within a short period is noteworthy. This could be indicative of broader economic changes in the Albuquerque region or specific local factors affecting this neighborhood.
Rancho Sereno has evolved from a White Majority, high-income community to a more diverse, middle-income neighborhood over the past decade. These changes reflect both national demographic trends and potentially unique local economic factors, creating a dynamic and evolving community landscape.