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Demographics
Population
Median Income
Racial Distributions
Green Acres, a neighborhood in Spokane Valley, Washington, is characterized as a White Majority community with Low Diversity. As of 2022, the neighborhood has a population of 8,505 and a median income of $114,307. Green Acres has experienced significant population growth over the past decade, nearly doubling in size since 2010. This growth suggests the area may be undergoing substantial development or experiencing an influx of new residents.
From 2013 to 2022, Green Acres has maintained its status as a White Majority community. In 2013, the neighborhood had Low Diversity, with the white population at 92%. By 2022, while still a White Majority (78%), the community has moved closer to Moderate Diversity, with increases in Asian (10%) and Hispanic (5%) populations. The percentage of residents identifying as two or more races has increased from 3% in 2013 to 6% in 2022. These changes indicate that Green Acres is slowly transitioning towards a more diverse community composition.
The demographic shifts in Green Acres correlate with economic changes. Median income has increased from $85,537 in 2013 to $114,307 in 2022, a 33.6% increase. This income growth coincides with the increasing diversity, suggesting that the neighborhood may be attracting more affluent and diverse residents. The population has grown from 5,041 in 2013 to 8,505 in 2022, a 68.7% increase, indicating rapid development and potentially changing housing dynamics.
The income growth in Green Acres outpaces national averages, suggesting it is becoming an increasingly desirable area. The gradual increase in diversity, while slower than in many urban areas nationwide, aligns with broader trends of suburban diversification. The rapid population growth is notable and may be part of a larger trend of suburbanization or expansion of the Spokane Valley area.
Green Acres is experiencing a gradual transition from a highly homogeneous, predominantly white community to one with increasing diversity, coupled with significant economic growth and population expansion. While still categorized as a White Majority area with relatively Low Diversity, the trends suggest a trajectory towards Moderate Diversity in the coming years. These changes likely reflect broader regional economic developments and changing residential preferences, potentially positioning Green Acres as an emerging, more diverse suburban enclave within the Spokane Valley area.