Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Farmhouse Meadows in Gilbert, Arizona, has undergone demographic changes from 2013 to 2022. The neighborhood transitioned from low diversity with a white majority to moderate diversity. As of 2022, the median income is $75,891, and the population is approximately 700 residents.
The Hispanic population in Farmhouse Meadows increased from 11% to 18%, and the Asian population grew from a negligible percentage to 5% between 2013 and 2022. The black population showed a slight increase from 1% to 5%. The percentage of residents identifying as two or more races peaked at 9% in 2015 but subsequently declined.
The median income in Farmhouse Meadows fluctuated over the decade, reaching a maximum of $93,718 in 2017 before decreasing to $75,891 in 2022. This trend correlates with the demographic shifts in the community. The initial rise in median income coincided with the increase in Hispanic and Asian populations, suggesting that early diversification may have been driven by affluent minorities moving into the area.
The subsequent decline in median income may indicate a broader range of socioeconomic backgrounds entering the community, contributing to its increased diversity. This pattern aligns with the concept of a transitional community, where demographic changes often accompany economic shifts.
The demographic evolution of Farmhouse Meadows reflects broader trends seen in many suburban areas across the United States, particularly in the Southwest. The increase in Hispanic and Asian populations mirrors national trends of growing diversity in previously homogeneous communities.
The economic trajectory of Farmhouse Meadows, with its rise and subsequent moderation in median income, may reflect wider economic patterns in the Phoenix metro area, which has experienced rapid growth and development, followed by periods of economic adjustment.
Farmhouse Meadows exemplifies a transitional community moving from low diversity to moderate diversity over the past decade. This shift has been accompanied by fluctuations in median income, suggesting a complex interplay between demographic changes and economic factors.