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Demographics
Population
Median Income
Racial Distributions
Lakeview Trails in Gilbert, Arizona, currently presents as a predominantly White Majority community with a median income of $132,027 as of 2022. The neighborhood has experienced significant population growth over the past decade, more than tripling from 934 residents in 2010 to 3,782 in 2022. This rapid expansion suggests Lakeview Trails is likely a newer, developing suburban area attracting affluent residents within the broader Phoenix metropolitan region.
From 2013 to 2019, Lakeview Trails maintained a consistent White Majority status, with the white population comprising over 70% of residents. The community has been transitioning towards increased diversity in recent years. The percentage of white residents decreased from 72% to 65% between 2019 and 2022, while other racial groups, particularly Black and Hispanic populations, saw increases. By 2022, the community approached Moderate Diversity status, with significant representation from White (65%), Hispanic (12%), and Asian (8%) populations.
The appearance of a measurable Black population (7% in 2022) and growth in the "Two or More Races" category (6% in 2022) indicate a trend towards increasing diversity. The demographic shifts correlate with substantial economic changes. Median income rose from $106,586 in 2013 to $132,027 in 2022, a 24% increase, suggesting the area is attracting more affluent residents across various racial groups.
The population more than doubled between 2019 and 2020 (from 1,550 to 3,091), coinciding with the start of more significant racial diversification. Despite the COVID-19 pandemic, median income continued to rise, peaking at $143,675 in 2021 before slightly declining in 2022.
Lakeview Trails' evolution aligns with broader national trends. Many U.S. suburbs have experienced increasing racial diversity over the past decade, particularly in growing metropolitan areas. The neighborhood's high median income and increasing diversity reflect a national trend of more affluent suburbs becoming more racially diverse. The significant population increase from 2019 to 2020 could be related to pandemic-driven migration patterns, with people seeking more spacious suburban living arrangements.
Lakeview Trails exemplifies a rapidly growing, affluent suburban community transitioning from a predominantly White Majority area to one of Moderate Diversity. This shift, coupled with substantial income growth, suggests the neighborhood is attracting a diverse range of high-earning professionals, potentially driven by broader economic opportunities in the Phoenix metropolitan area and changing preferences for suburban living accelerated by the COVID-19 pandemic.