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Demographics
Population
Median Income
Racial Distributions
Frasier Meadows, a neighborhood in Boulder, Colorado, exhibits characteristics of Low Diversity, with a white population of 82% in 2022. The median income has grown over the past decade, reaching $72,758 in 2022. This neighborhood is near the University of Colorado Boulder, which likely influences its demographic composition and economic trends.
Throughout the analyzed period (2013-2022), Frasier Meadows has consistently maintained a status of Low Diversity, with the white population remaining above 75% each year. The white population percentage fluctuated between 77% and 82%, reaching its lowest point in 2018 (77%) and its highest in 2022 (82%). The Asian population has remained the second-largest group, fluctuating between 5% and 9%. The Hispanic population showed an initial increase from 9% in 2013 to 13% in 2016-2017, but then declined to 6% by 2022. There has been a small increase in the "two or more races" category, from 1% in 2013 to 3% in 2022.
The median income in Frasier Meadows has shown substantial growth. From 2013 to 2022, median income increased from $46,739 to $72,758, a 55.7% increase. This growth was not linear, with fluctuations such as a dip to $52,771 in 2018 before rising sharply again. The most significant jump occurred between 2019 and 2020, with income increasing from $64,217 to $72,334.
The period of highest Hispanic representation (2016-2017) coincided with lower median incomes compared to subsequent years. The increase in median income from 2018 onwards aligns with a slight decrease in Hispanic population and an increase in the white population percentage. The growth in the "two or more races" category has occurred alongside the overall increase in median income.
The income growth in Frasier Meadows outpaces national averages, which typically see 2-3% annual growth. The persistence of Low Diversity in this neighborhood contrasts with national trends towards increasing diversity in many urban and suburban areas. The presence of the university nearby likely contributes to the neighborhood's demographic stability, as college towns often have more transient populations but maintain a core demographic tied to the institution.
While Frasier Meadows has maintained its status as a Low Diversity neighborhood with a strong white majority, subtle shifts in its racial composition and significant economic growth suggest a slowly evolving community. The neighborhood's proximity to the university and its rising income levels may be attracting a more diverse, albeit still predominantly white, population. These trends could potentially lead to more noticeable demographic changes in the coming years if they continue.