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Demographic Shifts and Racial Composition in Parkside at Mayfield Ranch, Leander, Texas
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Parkside at Mayfield Ranch in Leander, Texas, is a community characterized by moderate diversity with a significant Asian population and a White plurality. As of 2022, the neighborhood's median income was $177,559, indicating an affluent suburban area. The community experienced rapid population growth, increasing from 2,955 residents in 2020 to 5,002 in 2022.
Over the past decade, Parkside at Mayfield Ranch has transformed from a low diversity community to one of moderate diversity. In 2013, the neighborhood had a White majority, with 76% of the population identifying as White. By 2022, this percentage decreased to 46%, no longer constituting a majority. The Asian population increased significantly, growing from 10% in 2013 to 28% in 2022. Increases in Black and Hispanic populations also contributed to the area's growing diversity.
The demographic shifts occurred alongside substantial economic growth. The median income increased from $139,651 in 2013 to $177,559 in 2022, representing a 27% increase. This economic prosperity likely contributed to the area's attractiveness to a more diverse population, particularly high-earning Asian professionals potentially drawn to the technology sector in the greater Austin area.
The rapid population growth between 2020 and 2022 coincides with significant increases in diversity and median income. This suggests that the neighborhood's increasing diversity and economic opportunities are mutually reinforcing, attracting a wider range of residents and potentially spurring further development and amenities.
The demographic shifts in Parkside at Mayfield Ranch align with broader trends seen in many suburban areas near major tech hubs. The influx of Asian residents mirrors patterns observed in other tech-centric regions. The neighborhood's evolution from a predominantly White suburb to a more diverse, affluent community is indicative of changing preferences among high-earning professionals and the impact of economic opportunities in nearby urban centers.
The median income of $177,559 is higher than the national median household income, which was around $70,784 in 2021. This places Parkside at Mayfield Ranch among the more affluent suburbs in the United States, likely offering high-quality amenities and services that attract a diverse, well-educated population.
Parkside at Mayfield Ranch exemplifies a rapidly evolving suburban community, transitioning from low diversity to moderate diversity within a decade. This shift, coupled with strong economic growth and population expansion, indicates a dynamic, desirable neighborhood that is adapting to and benefiting from broader demographic and economic trends in the region.
