The Water Works neighborhood in Olathe, Kansas, exhibits a demographic profile characterized as a "White Majority" community, with 63% of the population identifying as white in 2022. This majority has been decreasing over the past decade, indicating a trend towards increased diversity. Economically, the area has experienced growth, with median income rising from $33,626 in 2013 to $57,979 in 2022, suggesting a period of economic development and potentially changing neighborhood dynamics.

Over the past decade, Water Works has undergone a gradual transition from a community with "Low Diversity" to one approaching "Moderate Diversity". In 2013, the neighborhood could be categorized as having "Low Diversity" with a strong white majority (78%). By 2018, it had shifted towards "Moderate Diversity," with the white population decreasing to 58% and Hispanic representation increasing to 31%. As of 2022, while still maintaining a "White Majority," the community shows signs of becoming more diverse, with white population at 63% and notable increases in Asian and multi-racial populations.

The demographic shifts correlate with significant economic changes. Median income has increased by about 72% from 2013 to 2022, rising from $33,626 to $57,979. This income growth coincides with the increase in diversity, suggesting that the neighborhood may be attracting a more diverse, higher-income population. The population has remained relatively stable, growing slightly from 1,954 in 2013 to 2,262 in 2022, indicating that the changes are more likely due to demographic shifts within the existing community rather than large-scale population influx.