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Demographics
Population
Median Income
Racial Distributions
The Lakes neighborhood in Las Vegas, Nevada, exhibits a White Majority demographic composition with a median household income of $76,316 as of 2022. This suburban area has experienced demographic shifts over the past decade, moving towards increased diversity while maintaining its upper-middle-class status.
In 2013, The Lakes had 67% of the population identifying as white. By 2022, this percentage decreased to 61%. The Asian population increased from 8% to 9%, the Black population from 5% to 8%, the Hispanic population from 13% to 15%, and multiracial individuals from 4% to 6%. These changes indicate a trend towards a more diverse community.
The median household income in The Lakes rose from $70,800 in 2013 to $76,316 in 2022, an increase of about 7.8%. This growth in income occurred alongside the increasing diversity, suggesting that the neighborhood has maintained its economic attractiveness while becoming more inclusive.
The population has remained relatively stable, fluctuating between 29,718 and 32,856 over the decade. This stability, combined with rising incomes and increasing diversity, might indicate that The Lakes is attracting affluent individuals from various racial backgrounds.
The demographic shifts observed in The Lakes align with broader national trends of increasing diversity in suburban areas, particularly in fast-growing cities like Las Vegas. However, The Lakes' retention of a strong White Majority and high median income suggests it may be diversifying at a slower rate than some other suburban areas across the country.
The steady increase in median income in The Lakes outpaces the national average, which saw more modest growth over the same period. This indicates that The Lakes remains an economically robust area, potentially attracting high-earning individuals from diverse backgrounds.
The Lakes remains a White Majority, upper-middle-class neighborhood, but shows signs of gradual diversification. This trend, if continued, could lead to a more pronounced shift in community dynamics in the coming years, potentially transitioning towards a Moderate Diversity classification while maintaining its economic prosperity.