Loading Content...
Demographic and Racial Composition Analysis of Rainbow Neighborhood in Arvada, Colorado
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The Rainbow neighborhood in Arvada, Colorado, is characterized by low diversity with a significant white majority. As of 2022, the white population comprises 90% of the residents. The median income in 2022 is $121,757, indicating an affluent community. Rainbow is situated near the Rocky Mountains and hiking trails.
Over the past decade, Rainbow has maintained its status as a white majority community, with the percentage of white residents remaining above 80%. From 2013 to 2016, the neighborhood showed signs of increasing diversity, with the white population decreasing from 92% to 87%. The Hispanic population increased from 6% to 10% during this period. Between 2017 and 2019, the trend towards increased diversity continued, with the white population further decreasing to 83-84%. The Hispanic population reached its peak at 14% in 2018.
From 2020 to 2022, a reversal occurred, with the white population increasing to 90% by 2022. This shift coincided with a decrease in Hispanic representation to 5%. The median income in Rainbow has fluctuated over the years, generally trending upward. From 2013 to 2016, income rose from $108,786 to $115,513. In 2017, a significant drop to $96,409 occurred. From 2018 to 2022, income rebounded and continued to rise, reaching $121,757 in 2022.
The population has remained relatively stable, fluctuating between approximately 1,800 and 2,200 residents, with no clear correlation to racial or economic trends.
The trends observed in Rainbow reflect broader national patterns of suburban gentrification and demographic shifts. The initial increase in diversity from 2013-2019 aligns with national trends of increasing diversity in suburban areas. The reversal towards less diversity in recent years may be influenced by local factors such as housing costs or development patterns.
The median income in Rainbow ($121,757 in 2022) is significantly higher than the national median household income (approximately $70,784 in 2021), highlighting the affluent nature of this community. This high income level, combined with the low diversity, suggests that Rainbow may be experiencing a form of economic segregation, where rising property values and living costs may be pricing out more diverse populations.
The fluctuations in racial composition and income levels over the decade indicate that Rainbow is a dynamic community, responsive to broader economic and social trends. The recent trend towards decreased diversity and increased affluence suggests that the neighborhood may be becoming more exclusive, potentially limiting opportunities for a more diverse population to reside in the area.
