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Demographics
Population
Median Income
Racial Distributions
The Bays neighborhood in Foster City, California, is classified as a "Majority-Minority" area with an Asian Majority as of 2022. The median income in this community is $180,941. The neighborhood is situated near major tech hubs in Silicon Valley, which has influenced its demographic composition and economic status over the last decade.
In 2013, the Bays neighborhood displayed "Moderate Diversity" with a nearly equal distribution between Asian (49%) and White (41%) populations. A trend towards increased Asian representation emerged over the decade, leading to an "Asian Majority" by 2020 (53%). Concurrently, the White population decreased to 32% by 2022. The Hispanic population exhibited consistent growth, rising from 3% in 2013 to 11% in 2022. This trend, along with slight increases in other minority groups, has resulted in the area's current "Majority-Minority" status.
The demographic shifts in the Bays neighborhood have been accompanied by a significant increase in median income. From 2013 to 2022, the median income increased from $146,380 to $180,941, a rise of over 23%. This economic growth correlates with the increasing Asian population, suggesting a possible influx of high-earning professionals in tech and related industries.
The population has fluctuated despite rising incomes, peaking at 4,179 in 2016 before declining to 3,529 in 2022. This trend may indicate a shift towards smaller, more affluent households, possibly due to rising property values and cost of living.
The demographic and economic trends in the Bays neighborhood are consistent with patterns observed in many affluent suburbs of major tech hubs. The increasing Asian population and rising incomes reflect the region's strong ties to the tech industry and its ability to attract high-skilled, high-earning immigrants. The Bays neighborhood is notable for its exceptionally high median income, which exceeds both the California and national averages. This extreme affluence, combined with its increasing diversity, positions the Bays as a "Transitional Community" evolving from a predominantly White-Asian area to a more diverse, yet highly exclusive enclave.
The declining population despite rising incomes may indicate challenges in housing affordability and availability, a common issue in highly desirable Bay Area locations. This trend could potentially impact local services and community dynamics. The Bays neighborhood demonstrates the complex relationship between racial demographics and economic factors in a high-value, tech-adjacent community. Its evolution over the past decade reflects broader regional trends while highlighting its unique characteristics in terms of both diversity and affluence.