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Demographics
Population
Median Income
Racial Distributions
Holiday Park, a neighborhood in Albuquerque, New Mexico, exhibits a White Majority demographic composition with a median household income of $76,872 as of 2022. The neighborhood's population increased from 4,287 in 2010 to 4,920 in 2022. Holiday Park is known for its family-friendly atmosphere and proximity to Kirtland Air Force Base.
Over the past decade, Holiday Park has undergone a gradual transition from a predominantly White Majority community to one approaching Moderate Diversity status. In 2013, the neighborhood was categorized as White Majority, with 64% of the population identifying as white. By 2022, this percentage decreased to 51%, barely maintaining the White Majority classification.
The Hispanic population has steadily increased, rising from 26% in 2013 to 39% in 2022. This shift suggests that Holiday Park may soon transition into a Moderate Diversity category. The representation of other racial groups has remained relatively stable, with slight increases in the Asian and multi-racial populations.
Holiday Park has experienced substantial economic growth. The median household income has risen from $56,392 in 2013 to $76,872 in 2022, representing a 36% increase over nine years. This growth outpaces inflation and suggests an improvement in the economic well-being of the neighborhood's residents.
The most rapid period of income growth coincided with the acceleration of demographic diversification. Between 2016 and 2021, when the Hispanic population saw its most significant increases, the median income rose from $60,182 to $81,602, a 35.6% jump in five years.
The demographic trends in Holiday Park mirror broader national patterns of increasing diversity in suburban areas. Many communities across the United States have seen growth in Hispanic populations, particularly in the Southwest. Holiday Park's economic growth appears to be outpacing national averages.
The rapid income growth, coupled with increasing diversity, indicates that Holiday Park may be attracting a mix of well-compensated professionals from various backgrounds. This trend could be related to efforts to diversify the workforce in technical and military-related fields in the Albuquerque area.
Holiday Park represents a community in transition, moving from a predominantly White Majority area to one of increasing diversity, particularly with growth in the Hispanic population. This demographic shift has been accompanied by significant economic improvements. As Holiday Park continues to evolve, it may soon exemplify a model of Moderate Diversity with strong economic foundations.