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Demographics
Population
Median Income
Racial Distributions
Ocotillo Lakes, a neighborhood in Chandler, Arizona, exhibits a "Moderate Diversity" profile with a significant Asian population and a White plurality as of 2022. The neighborhood has a population of 1,623 and a median income of $120,605, indicating an affluent community. Ocotillo Lakes is known for its man-made lakes and golf courses.
Over the past decade, Ocotillo Lakes has undergone a significant transformation in its racial composition. In 2013, the neighborhood was categorized as having "Low Diversity" with a clear White majority (66%). By 2022, it had transitioned to a "Moderate Diversity" classification, with no racial group exceeding 50% of the population.
The most notable change has been the substantial increase in the Asian population, rising from 15% in 2013 to 37% in 2022. This shift has been accompanied by a decrease in the White population from 66% to 50% over the same period. The Hispanic population has remained relatively stable, fluctuating between 7% and 17% throughout the decade.
The demographic shifts in Ocotillo Lakes have occurred alongside fluctuations in median income. The median income peaked in 2013 at $120,954, decreased to $105,459 in 2017, and has since rebounded to $120,605 in 2022. Despite these fluctuations, the neighborhood has maintained its status as an affluent area throughout the decade.
The period of lowest median income (2016-2017) coincided with a slight increase in racial diversity, particularly in the Hispanic population. As the Asian population grew more significantly from 2020 onwards, the median income also showed an upward trend.
The demographic changes in Ocotillo Lakes reflect broader trends seen in many suburban areas across the United States, particularly those near tech hubs. The growth in the Asian population is consistent with national trends showing increased Asian immigration and internal migration to suburban areas with strong economies and good educational opportunities.
The maintenance of high median incomes despite demographic shifts suggests that Ocotillo Lakes has remained an attractive destination for affluent professionals from diverse backgrounds. This trend aligns with patterns seen in other high-income suburbs near major metropolitan areas, where increased diversity has not led to significant changes in overall economic status.
Ocotillo Lakes exemplifies a suburban neighborhood in transition, moving from low to moderate diversity while maintaining its economic prosperity. The significant growth in the Asian population, coupled with stable high incomes, suggests that the area is attracting skilled professionals. As this trend continues, Ocotillo Lakes may evolve into a "High Diversity" community in the coming years, reflecting the changing face of affluent American suburbs.