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Demographics
Population
Median Income
Racial Distributions
Raven Ranch, a neighborhood in Gilbert, Arizona, exhibits a demographic profile categorized as a "White Majority" community with moderate diversity. As of 2022, the neighborhood has a population of 459 individuals, with a median income of $84,492. Raven Ranch is characterized by its equestrian-friendly atmosphere, reflecting its history as a rural area that has become more suburban while retaining rustic elements.
Over the past decade, Raven Ranch has experienced notable demographic changes. In 2013, the neighborhood was classified as having "Low Diversity," with the white population comprising 74% of residents. By 2022, while maintaining a "White Majority" status (68%), the community has shifted towards "Moderate Diversity." This transition is marked by increases in Asian and Hispanic populations, while the Black population has decreased.
The most significant change is the growth of the Asian population, from 4% in 2013 to 14% in 2022, indicating a potential "Transitional Community" status. The Hispanic population has shown overall growth from 10% to 13% during this period. These shifts suggest a trend towards increasing diversity, albeit at a gradual pace.
The median income in Raven Ranch has shown volatility over the decade. Starting at $88,325 in 2013, it peaked at $110,744 in 2020 before declining to $84,492 in 2022. This fluctuation correlates with the demographic changes. The period of highest income (2020-2021) coincides with a slight increase in the white population percentage and a decrease in the Hispanic population, suggesting potential socio-economic disparities among racial groups.
The population of Raven Ranch has decreased from 497 in 2013 to 459 in 2022, with fluctuations in between. The lowest point was 363 residents in 2020, coinciding with the highest median income. This inverse relationship between population and income could indicate a trend of gentrification or changing housing preferences affecting demographic composition.
The demographic shifts in Raven Ranch reflect broader national trends of increasing diversity in suburban areas. However, the neighborhood's changes are more gradual compared to national averages. The growth in the Asian population is notable, outpacing national trends and potentially reflecting specific local factors attracting Asian residents to the area.
The income volatility in Raven Ranch is unusual compared to national trends, which generally show more stable growth. This could be due to the small population size making the neighborhood more susceptible to economic shifts or changes in a few high-income households significantly impacting the median.
Raven Ranch exemplifies a community in transition, moving from low to moderate diversity while maintaining a white majority. The economic fluctuations and demographic shifts suggest a dynamic neighborhood adapting to changing socio-economic conditions, potentially influenced by its blend of suburban development and rural character. These changes may bring both opportunities and challenges for community cohesion and local development in the coming years.