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Demographics
Population
Median Income
Racial Distributions
Neely Farms, located in Gilbert, Arizona, is a neighborhood that has transitioned from low to moderate diversity over the past decade. As of 2022, the community has a population of 1,851 and a median household income of $91,582. Neely Farms is designed as a master-planned community with a combination of residential and recreational areas.
From 2013 to 2022, Neely Farms experienced a shift in its demographic composition. The white population decreased from 76% to 64%, while the Hispanic population increased from 12% to 25%. The Asian and Black populations remained relatively stable. The percentage of residents identifying as two or more races grew from 2% to 6%. These changes indicate a transition towards increased diversity.
The demographic shifts in Neely Farms have been accompanied by positive economic trends. The median household income increased by 9.2%, from $83,899 in 2013 to $91,582 in 2022. The population also grew modestly from 1,672 to 1,851 during this period. These trends suggest that the increasing diversity has not negatively impacted the neighborhood's economic status.
The demographic changes in Neely Farms align with broader trends observed in many suburban areas across the United States. The increase in Hispanic population and those identifying as two or more races reflects national demographic shifts. The economic resilience of Neely Farms, as evidenced by its rising median income despite increasing diversity, is notable.
Neely Farms' median household income of $91,582 in 2022 is significantly higher than the U.S. median household income of approximately $70,784 in 2021. This indicates that despite demographic changes, Neely Farms remains an affluent community within the national context. The gradual nature of these changes over a decade suggests a stable transition rather than rapid demographic upheaval.
Neely Farms presents an example of a transitional community that has successfully navigated demographic shifts while maintaining economic strength. The neighborhood's evolution from low diversity to moderate diversity, combined with steady economic growth, demonstrates how increasing diversity can coexist with community prosperity.