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Demographic and Racial Composition Analysis of Steinberger Neighborhood in Redwood City, California
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Steinberger neighborhood in Redwood City, California, currently exhibits a Moderate Diversity profile with a strong Asian plurality. As of 2022, the Asian population comprises 42% of the neighborhood, followed by a 43% White population. The area is characterized by its high median income of $163,787 in 2022, significantly above the national average. Steinberger's proximity to Silicon Valley tech companies likely contributes to its affluent demographic profile.
Over the past decade, Steinberger has transitioned from a White Majority community to one of Moderate Diversity. In 2013, the neighborhood had a White majority at 58%. By 2017, it had shifted to a Majority-Minority status, with the White population dropping below 50% and the Asian population increasing. This trend continued, and by 2022, the neighborhood reached its current state of Moderate Diversity with nearly equal proportions of Asian and White residents.
The Hispanic population has decreased over time, from 10% in 2017 to 2% in 2022. The Two or More Races category has grown consistently, rising from 4% in 2013 to 10% in 2022, indicating an increasing trend towards multiracial households.
The demographic shifts in Steinberger have been accompanied by economic changes. The median income has shown an upward trend, rising from $156,072 in 2013 to $190,701 in 2021, before decreasing to $163,787 in 2022. This overall increase in median income correlates with the growing Asian population, potentially linked to the influx of high-skilled tech workers in the area.
The population has fluctuated, peaking at 4,140 in 2015 and dropping to 3,324 in 2022. This could suggest a trend towards smaller, more affluent households, possibly due to rising housing costs pushing out larger, less affluent families.
The demographic shifts observed in Steinberger mirror broader trends seen across Silicon Valley and the San Francisco Bay Area. The increasing Asian population and rising incomes are consistent with the growth of the tech industry in the region, which has attracted a significant number of highly skilled Asian immigrants and Asian-American professionals.
The decrease in the Hispanic population, while the overall Hispanic population in California has been growing, might indicate gentrification pressures in this high-income neighborhood. The rising proportion of multiracial individuals is also in line with national trends, as the U.S. as a whole is becoming more diverse and multiracial.
The high median income in Steinberger underscores the neighborhood's status as a highly desirable enclave within the affluent Silicon Valley region. This economic profile likely influences local amenities, school quality, and overall quality of life, making it an attractive destination for high-income tech professionals and their families.
Steinberger's evolution over the past decade reflects the broader socio-economic changes driven by the tech boom in Silicon Valley, resulting in a more diverse, affluent, and potentially more transient community. These shifts have likely reshaped the local culture, consumer preferences, and community dynamics, presenting both opportunities and challenges for long-term community cohesion and affordability.
