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Demographics
Population
Median Income
Racial Distributions
Almaden Valley, a neighborhood in San Jose, California, has transitioned from a "White Majority" community to one of "Moderate Diversity" between 2013 and 2022. The white population decreased from 58% to 49%, while the Asian population increased from 24% to 32%. As of 2022, Almaden Valley has a population of 56,874 and a median income of $171,835.
The demographic shifts in Almaden Valley correlate with economic trends. The median income increased from $153,447 in 2013 to $171,835 in 2022, representing a growth of about 12% over the decade. This increase aligns with the growing Asian population, many of whom are likely high-earning professionals in the tech industry.
The population has remained relatively stable, increasing only slightly from 56,827 in 2013 to 56,874 in 2022. This stability, combined with rising incomes, suggests that the neighborhood is becoming increasingly exclusive, with property values likely rising in tandem with incomes.
The demographic and economic trends in Almaden Valley mirror broader patterns seen across Silicon Valley and the San Francisco Bay Area. Many formerly predominantly white suburbs have become more diverse, particularly with growing Asian populations, as the tech industry has attracted a global workforce.
Almaden Valley's exceptionally high median income sets it apart from many other neighborhoods, even within the affluent Silicon Valley region. The stability of its population despite rising incomes suggests that the neighborhood may be facing challenges in terms of housing affordability and accessibility for newcomers, a common issue in many high-income areas of California.
The shift towards "Moderate Diversity" in Almaden Valley is less pronounced than in some other parts of San Jose or the broader Bay Area, which have become "High Diversity" or "Majority-Minority" communities. This suggests that while Almaden Valley is changing, it is doing so at a more gradual pace, possibly due to its established nature and high property values acting as barriers to rapid demographic change.
Almaden Valley's evolution over the past decade reflects the broader socio-economic trends of Silicon Valley, characterized by increasing diversity, rising incomes, and the growing influence of the tech industry on local demographics. Its exceptionally high median income and relatively stable population suggest that it remains a uniquely affluent and potentially exclusive enclave within the region.