The median income in Roosevelt Park has fluctuated over the years but shows an overall upward trend. From $58,824 in 2013, it decreased to $46,364 in 2015 before increasing and reaching $63,964 in 2020. The current median income of $60,913 in 2022 represents a slight decrease but remains higher than a decade ago.

These economic shifts correlate with the demographic changes. The lowest median income in 2015 coincided with the peak of Hispanic majority (64%). As the community became more diverse, particularly with the increase in Black and Asian populations, the median income generally trended upward. The recent slight decrease in median income aligns with the significant increase in the Asian population, possibly indicating an influx of younger or entry-level workers in this demographic.

The demographic shifts in Roosevelt Park mirror trends seen in many suburban areas of major metropolitan regions across the United States. The transition from a clear Hispanic majority to a more diverse community reflects the increasing racial and ethnic diversity in American suburbs.

The economic trends in Roosevelt Park, with median incomes around $60,000, place it below the national median household income of about $70,784 in 2021. This is typical for areas experiencing demographic transitions, as newer residents often include younger families or first-time homeowners.

The increase in the Asian population from 1% to 6% in a single year is noteworthy and outpaces national trends. This could indicate that Roosevelt Park is becoming an emerging enclave for Asian Americans in the Phoenix metropolitan area, potentially driven by factors such as affordable housing, job opportunities, or community networks.

Roosevelt Park exemplifies a community in transition, moving from a Hispanic majority to a more diverse, multicultural neighborhood. This demographic evolution, coupled with moderate economic growth, suggests a dynamic community that may continue to attract a diverse range of residents in the coming years.