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Demographic and Racial Composition Changes in Del Monte Park, Pacific Grove
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Del Monte Park, a neighborhood in Pacific Grove, California, has transitioned from a Low Diversity to a Moderate Diversity community between 2013 and 2022. The white population decreased from 71% to 61%, while Hispanic and Asian populations increased from 10% to 18% and 8% to 13%, respectively. The multiracial population also grew from 6% to 8%.
The neighborhood experienced significant economic growth during this period. The median income increased from $95,604 in 2013 to $121,067 in 2022, representing a 26.6% increase. This growth in income correlates with the increasing diversity, suggesting that the area is attracting affluent individuals from various racial backgrounds.
Notably, while the median income increased, the population decreased from 5,195 in 2013 to 3,364 in 2022. This could indicate a trend towards smaller household sizes, development of more expensive housing, or a shift towards a more exclusive, high-income community.
The demographic changes in Del Monte Park reflect broader trends seen in many California coastal communities, where increasing diversity is often accompanied by rising property values and incomes. The population decrease, however, may be unique to this neighborhood's specific circumstances.
The economic growth in Del Monte Park outpaces the national average, with its 2022 median income of $121,067 far exceeding the U.S. median household income of around $70,000. This suggests that while the neighborhood is becoming more diverse, it is also becoming more exclusive in terms of economic status.
Del Monte Park has transitioned from a Low Diversity, White Majority community to one of Moderate Diversity with a strong economic profile. These changes reflect broader trends of increasing diversity in California's coastal regions but also highlight unique local dynamics of population decrease coupled with significant income growth. The ongoing evolution of the community may impact local culture, housing affordability, and community cohesion.
