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Demographics
Population
Median Income
Racial Distributions
The Falcon neighborhood in Colorado Springs, Colorado, has undergone significant demographic changes from 2013 to 2022. Initially categorized as a "White Majority" community with "Low Diversity," it has transitioned towards "Moderate Diversity." The population has grown from 18,549 in 2013 to 36,434 in 2022, indicating rapid expansion. The white population decreased from 68% to 55%, while the Hispanic population increased from 17% to 25%. The percentage of residents identifying as two or more races also increased from 5% to 9%.
Falcon's demographic shifts have occurred alongside economic growth. The median income rose from $79,096 in 2013 to $97,115 in 2022, representing a 22.8% increase. This economic expansion has likely attracted a more diverse population, contributing to the neighborhood's transition towards greater racial diversity. The rapid population growth suggests that Falcon has become an increasingly desirable location for residents of various backgrounds.
Falcon's demographic evolution reflects broader national trends of increasing diversity in suburban areas. Many U.S. suburbs have been experiencing similar transitions from predominantly white communities to more diverse neighborhoods. However, Falcon's rate of change appears to be more rapid than the national average, possibly due to its proximity to Colorado Springs, a growing metropolitan area.
The economic growth in Falcon outpaces the national average. While the U.S. median household income grew by about 10% between 2013 and 2021 (adjusted for inflation), Falcon's growth of 22.8% is significantly higher, indicating a robust local economy.
Falcon represents a dynamic suburban community in transition. Its evolution from a low-diversity area to one approaching moderate diversity, coupled with strong economic growth and rapid population expansion, suggests a neighborhood undergoing significant change. These trends are likely to continue shaping the character and demographics of Falcon in the coming years, potentially leading to a more diverse and economically vibrant community.