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Demographics
Population
Median Income
Racial Distributions
Far Horizions, a neighborhood in Arvada, Colorado, exhibits characteristics of a "Low Diversity" community with a "White Majority" as of 2022. The white population constitutes 72% of the total. Economically, the neighborhood has seen growth, with the median income rising from $69,708 in 2013 to $85,196 in 2022. Far Horizions has maintained a stable population size over the past decade, around 2,000 residents.
Over the past decade, Far Horizions has consistently maintained its status as a "White Majority" community. There have been subtle shifts towards increased diversity. The white population percentage decreased slightly from 75% in 2014 to 72% in 2022. The Hispanic population has remained the second-largest group, comprising about 19-23% of the population throughout the decade. There has been an increase in the Asian population, from 1% in 2013 to 4% in 2022. The Black population has seen a small increase from 1% to 3% over the decade.
The neighborhood has experienced economic growth, with median income increasing by about 22% from 2013 to 2022. This growth correlates with the demographic shifts. The increase in median income coincides with the growth in Asian population percentage. Despite the slight decrease in the white majority, the overall income growth indicates that the community has maintained its economic strength while becoming marginally more diverse. The stable Hispanic population percentage, coupled with rising incomes, might suggest improved economic conditions for this group within the neighborhood.
The trend of increasing diversity aligns with broader national trends of growing diversity in suburban areas. The income growth in Far Horizions outpaces national averages, suggesting that this neighborhood is becoming increasingly affluent relative to many other areas in the country. The stability in population size, despite economic growth, might indicate limited housing expansion or strict zoning laws, which is common in established, affluent suburban neighborhoods.
Far Horizions represents a stable, predominantly white, and increasingly affluent neighborhood that is experiencing slow but steady diversification. While it remains categorized as "Low Diversity" with a "White Majority," the trends suggest a gradual movement towards greater racial and ethnic representation. This evolution, coupled with economic growth, indicates a community that is changing while maintaining its core characteristics and economic strength.