Demographic shifts in Park Estates have occurred alongside fluctuations in median income. From 2013 to 2019, the neighborhood experienced an upward trend in median income, peaking at $103,022 in 2016. A significant drop to $79,349 occurred in 2020, possibly due to the economic impacts of the COVID-19 pandemic. Since then, there has been a slight recovery, with the median income reaching $83,325 in 2022.

As the community became more diverse, it initially saw an increase in median income. This suggests that the influx of diverse residents may have included higher-income individuals from various racial backgrounds. The recent dip in median income coincides with a continued increase in diversity, which could indicate changing economic dynamics within the neighborhood.

The trends observed in Park Estates reflect broader patterns seen in many suburban areas across the United States. Many traditionally white-majority suburbs have experienced increasing diversity over the past decade, often driven by the growth of Hispanic and Asian populations. The economic fluctuations, particularly the sharp decline in 2020, are consistent with national trends related to the COVID-19 pandemic's impact.

Park Estates' median income remains higher than the national median ($70,784 in 2021), suggesting that despite recent economic challenges, it remains a relatively affluent area. The neighborhood's ability to maintain a high median income while becoming more diverse may indicate a successful integration of various racial and ethnic groups into the local economic fabric.

Park Estates exemplifies a community in transition, moving from Low Diversity to Moderate Diversity over the past decade. While maintaining its status as a White Majority area, the neighborhood has seen significant growth in its Hispanic and Black populations. These demographic shifts, coupled with fluctuating but generally high median incomes, reflect broader national trends towards increased diversity in traditionally homogeneous communities.