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Demographics
Population
Median Income
Racial Distributions
Lemmon Valley, Nevada is categorized as a "White Majority" community with moderate diversity. As of 2022, the white population constitutes 65% of the total, with a Hispanic presence at 27%. The neighborhood has experienced demographic shifts over the past decade, transitioning towards increased diversity. Economically, Lemmon Valley has seen income growth, with median income rising from $60,744 in 2013 to $67,815 in 2022, indicating an improving economic situation. Lemmon Valley is located near the Reno Stead Airport, which hosts the annual National Championship Air Races.
Over the past decade, Lemmon Valley has been transitioning from a "Low Diversity" community towards "Moderate Diversity". In 2013, the white population constituted 74% of the total. By 2022, this percentage had decreased to 65%, while the Hispanic population grew from 18% to 27%. This shift indicates a trend towards a more diverse community composition.
The most significant change has been the increase in the Hispanic population, which grew by 9 percentage points over the decade. There has been a small increase in residents identifying as two or more races, from 1% in 2013 to 3% in 2022. These changes suggest that Lemmon Valley is becoming a "Transitional Community", with increasing racial diversity.
The demographic shifts in Lemmon Valley correlate with positive economic trends. The median income has shown growth, increasing from $60,744 in 2013 to $67,815 in 2022, representing an 11.6% increase over the decade. This growth outpaces inflation for the same period, indicating real economic gains for the community.
The years of highest median income (2021 at $82,838) coincide with a slight decrease in the white population percentage and an increase in the Hispanic and two-or-more races categories. This suggests that the increasing diversity may be linked to economic opportunities attracting a more varied population to the area.
The population has remained relatively stable over the decade, with some fluctuations. The lowest point was in 2017 (7,542 residents), which coincided with a peak in the white population percentage. Since then, as the community has become more diverse, the population has rebounded to 8,450 in 2022, close to its 2013 levels.
The demographic shifts observed in Lemmon Valley align with broader national trends of increasing diversity, particularly in suburban and exurban areas. The growth of the Hispanic population in Lemmon Valley (9 percentage points over a decade) outpaces the national average, which saw an increase of about 3 percentage points in the Hispanic population between 2010 and 2020.
The economic growth in Lemmon Valley is noteworthy when compared to national trends. While the U.S. median household income grew by about 10% between 2013 and 2022 (adjusted for inflation), Lemmon Valley's 11.6% growth slightly outperforms this national average, suggesting a relatively robust local economy.
Lemmon Valley exemplifies a community in transition, moving from low to moderate diversity with a strong economic foundation. The correlation between increasing diversity and rising median incomes suggests that the community is integrating new residents while maintaining economic growth. These trends, if continued, may lead to Lemmon Valley becoming an increasingly attractive destination for a diverse range of residents seeking economic opportunities in a growing community.