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Demographics
Population
Median Income
Racial Distributions
Broadstone, a neighborhood in Folsom, California, currently exhibits a Moderate Diversity profile with a White Plurality. The white population comprises 47% of the community, followed by Asian (28%) and Hispanic (14%) populations as of 2022. The neighborhood's population increased from 6,082 in 2010 to 8,390 in 2022. Broadstone's median income was $136,515 in 2022, above the national average.
Over the past decade, Broadstone has transformed from a White Majority community to its current status of Moderate Diversity with a White Plurality. In 2013, the neighborhood was categorized as Low Diversity, with whites comprising 58% of the population. The community maintained its White Majority status until 2020, after which it transitioned to a White Plurality.
This shift is attributed to the increase in the Asian population, which grew from 21% in 2013 to 28% in 2022. The Hispanic population has shown an overall increase from 17% to 14% during this period. The community has also seen a rise in residents identifying as two or more races, increasing from 2% to 7%.
The demographic shifts in Broadstone have occurred alongside economic growth. The median income has risen from $110,769 in 2013 to $136,515 in 2022, representing a 23% increase. This economic prosperity has likely attracted a more diverse population, particularly high-income professionals from various ethnic backgrounds.
The demographic changes in Broadstone reflect broader trends seen in many suburban communities across the United States, particularly those near tech hubs or major cities. The increasing Asian population mirrors trends seen in other affluent suburbs, especially those in California and other tech-centric regions.
The economic growth in Broadstone outpaces national averages. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Broadstone's growth of 23% is more than double this rate, indicating its status as a highly desirable and economically robust community.
The transition towards greater diversity, coupled with strong economic growth, suggests that Broadstone is evolving into a multicultural, high-income enclave. This trend is likely to continue, potentially leading to further diversification and economic development in the coming years.