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Demographics
Population
Median Income
Racial Distributions
Val Vista Lakes, a neighborhood in Gilbert, Arizona, exhibits characteristics of a White Majority community with moderate diversity. As of 2022, the white population constitutes 67% of the residents, while Hispanic (17%) and Two or More Races (5%) form significant minority groups. The neighborhood has a median income of $94,802, indicating an affluent suburban area. Val Vista Lakes is known for its man-made lake and waterfront properties, which contribute to its desirable status within Gilbert.
Over the past decade, Val Vista Lakes has transitioned from a Low Diversity community to one with Moderate Diversity. In 2013, the neighborhood was in the White Majority category with 80% white residents. By 2022, this percentage decreased to 67%, while other racial groups, particularly Hispanic and Two or More Races, saw increases. The community has shown signs of becoming a Transitional Community, especially in the last five years. The Hispanic population grew from 12% in 2017 to 17% in 2022, and those identifying as Two or More Races increased from 2% to 5% in the same period.
The demographic shifts in Val Vista Lakes have occurred alongside fluctuations in median income. From 2013 to 2021, there was a general upward trend in median income, rising from $88,880 to $107,084. However, 2022 saw a drop to $94,802. This decline coincides with the most notable increase in diversity, particularly the growth in Hispanic and multiracial populations. Despite this recent dip, the overall economic trend remains positive when compared to the 2013 figures.
The diversification trend observed in Val Vista Lakes aligns with broader national patterns of increasing diversity in suburban areas. Many affluent suburbs across the United States have experienced similar demographic shifts, often driven by factors such as changing work patterns, desire for better schools, and increased social mobility among minority groups.
The economic resilience of Val Vista Lakes, even as it diversifies, is noteworthy. While some communities experience economic downturns with demographic changes, Val Vista Lakes has largely maintained its high income levels. This could be attributed to the overall economic strength of the Gilbert area and its attraction to high-income earners across various racial groups.
Val Vista Lakes represents a microcosm of the changing face of affluent American suburbs. While still predominantly white, it is slowly transitioning towards greater diversity while maintaining its economic status. This evolution suggests a community that is adapting to broader demographic trends while preserving its desirable characteristics, potentially setting a model for inclusive suburban growth.