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Demographics
Population
Median Income
Racial Distributions
Graystone Centex Homes in Davis, California, currently presents as a "White Plurality" neighborhood with a high median income. As of 2022, the white population stands at 50%, at the threshold between plurality and majority. The neighborhood has a median income of $146,509 in 2022, above the national average. This neighborhood is near the University of California, Davis.
Over the past decade, Graystone Centex Homes has transitioned from a "White Majority" community to a "White Plurality" area, showing increasing diversity. In 2013, the neighborhood was categorized as "Low Diversity" with a white population of 58%. By 2022, it had evolved into a more diverse community, with the white population decreasing to 50% and the Asian population increasing from 23% to 37%.
This shift can be attributed to the growing Asian population, possibly due to increased international student and faculty presence at UC Davis, a slight increase in Hispanic and multiracial populations, and the consistent presence of other racial groups in smaller percentages. The community has moved from "Low Diversity" to "Moderate Diversity" over this period, with two racial groups (White and Asian) having significant representation.
The demographic shifts in Graystone Centex Homes correlate with economic changes. The median income has grown from $125,639 in 2013 to $146,509 in 2022, an increase of about 16.6%. There have been income fluctuations, with a peak of $175,175 in 2021, followed by a drop in 2022. The population has remained relatively stable, ranging from 425 to 568 residents over the decade.
The increasing diversity, particularly the growth in the Asian population, correlates with the rising median income. This could be attributed to highly skilled professionals or academics moving into the area, possibly associated with the university.
The demographic shifts observed in Graystone Centex Homes align with broader national trends of increasing diversity in suburban areas, particularly those near major universities. The growth in the Asian population is consistent with national trends showing Asian Americans as the fastest-growing racial group in the United States.
The economic profile of the neighborhood, with its high median income, places it above the national average. In 2022, the U.S. median household income was approximately $70,784, making Graystone Centex Homes more than twice as affluent as the average American neighborhood.
The stability in population size, despite increasing diversity and rising incomes, suggests that this is a desirable, established neighborhood with limited new housing development. This could indicate potential issues of affordability and accessibility for newer, more diverse residents looking to move into the area.
Graystone Centex Homes exemplifies a trend of increasing diversity in affluent, education-adjacent communities. Its evolution from a predominantly white, low-diversity area to a more balanced, moderately diverse neighborhood reflects broader societal changes. The economic growth accompanying this demographic shift underscores the potential benefits of diversity in fostering prosperous communities.