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Demographics
Population
Median Income
Racial Distributions
Carriage Place, a neighborhood in Aurora, Colorado, exhibits a transition from a White Majority to a more diverse community. As of 2022, the neighborhood has a population of 9,440 and a median income of $74,319. The area has maintained a relatively stable population over the past decade, with modest growth.
Over the past decade, Carriage Place has undergone a significant transition in its racial composition. In 2013, 60% of the population identified as white. By 2022, this percentage decreased to 50%, transitioning from a White Majority to a White Plurality. This change indicates a trend towards increasing diversity.
The Hispanic population has shown substantial growth, increasing from 21% in 2013 to 29% in 2022. This growth, coupled with increases in Asian and multiracial populations, has contributed to the neighborhood's transition towards a more diverse community. Carriage Place can now be classified as a Transitional Community.
The median income in Carriage Place shows an overall upward trend. From $73,574 in 2013 to $74,319 in 2022, there has been a modest increase. The median income peaked at $85,102 in 2021, followed by a decrease in 2022. This volatility may be related to the economic impacts of the COVID-19 pandemic.
The increasing diversity of the neighborhood correlates with a generally stable to slightly increasing median income. This suggests that the demographic changes have not negatively impacted the area's economic status. The rising Hispanic population coincides with periods of higher median income, potentially indicating successful economic integration of new community members.
The demographic shifts observed in Carriage Place align with broader trends seen in many suburban areas across the United States, where increasing diversity is becoming common. The growth in the Hispanic population reflects national trends of Hispanic population growth and dispersion into suburban areas.
The neighborhood's economic resilience, maintaining and slightly increasing median income despite demographic shifts, is notable. This suggests that Carriage Place may be successfully navigating the challenges and opportunities presented by increasing diversity.
Carriage Place exemplifies a Transitional Community, moving from a White Majority to a more diverse composition with a White Plurality. This transition has been accompanied by relative economic stability. As the neighborhood continues to evolve, it may progress towards High Diversity status, potentially impacting local economic and social dynamics.