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Demographics
Population
Median Income
Racial Distributions
Fairmeadow, a neighborhood in Palo Alto, California, exhibits a Moderate Diversity profile with an Asian plurality (40%) and a substantial White population (43%) as of 2022. The neighborhood has transitioned from a White plurality over the past decade. Fairmeadow's median income is $172,376 in 2022, reflecting the affluence of Silicon Valley and Palo Alto's status as a tech hub.
In 2013, Fairmeadow had a White Majority, with 51% of the population identifying as White. From 2013 to 2015, it remained a White Majority. In 2016-2017, it transitioned to Moderate Diversity with a White plurality. From 2018 to 2022, it maintained Moderate Diversity, fluctuating between Asian and White pluralities. This shift towards greater diversity likely reflects broader Bay Area trends, including increased immigration and the tech industry's global workforce attraction.
The Asian population in Fairmeadow has grown from 37% in 2013 to 40% in 2022, while the White population decreased from 51% to 43%. The Hispanic population increased from 3% to 13% over the same period. Fairmeadow's economic trajectory has been consistently upward, with median income rising from $105,509 in 2013 to $172,376 in 2022, a 63% increase. This income growth correlates with the increase in Asian and Hispanic populations, suggesting a link to high-skilled immigration in the tech sector.
The population of Fairmeadow has grown from 1,572 in 2013 to 2,141 in 2022, a 36% increase. This population growth, combined with rising incomes, indicates a neighborhood experiencing both economic and demographic expansion.
Fairmeadow's demographic evolution mirrors broader trends in Silicon Valley, where many communities have seen increases in Asian and Hispanic populations due to tech industry growth and immigration. The neighborhood's high median income sets it apart, even within the affluent context of Palo Alto. The rapid income growth in Fairmeadow outpaces national trends significantly. While the U.S. median household income grew by about 10% from 2013 to 2021 (adjusted for inflation), Fairmeadow's grew by over 60% in the same period.
The neighborhood's transition to Moderate Diversity aligns with national trends towards increasing diversity, but the speed and extent of change are more pronounced, likely due to its location in a global tech hub. Fairmeadow exemplifies a rapidly evolving, high-income neighborhood within Silicon Valley. Its demographic shifts towards greater diversity, coupled with substantial economic growth, reflect the dynamic nature of the region's tech-driven economy and its appeal to a global, highly skilled workforce.