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Racial Composition and Income Trends in Famous Ships Neighborhood, Foster City
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The Famous Ships neighborhood in Foster City, California, demonstrates a demographic profile characterized by an Asian Plurality, with Asians comprising 51% of the population in 2022. The area exhibits high affluence, with a median income of $165,742, substantially exceeding national averages. Foster City's distinctive feature of man-made lagoons and canals may contribute to the neighborhood's attractiveness.
Over the past decade, Famous Ships has undergone significant demographic changes. In 2013, it was classified as a Moderate Diversity community, with Asian (43%) and White (40%) populations nearly equal. By 2016, it transitioned to an Asian Plurality, with the Asian population surpassing 50%, a trend that has persisted through 2022.
Hispanic and Black populations have remained relatively small but experienced some fluctuations. The Black population notably increased from 2% in 2019 to 7% in 2021, before decreasing to 5% in 2022, potentially indicating the early stages of a Transitional Community trend.
The demographic shifts have coincided with a substantial increase in median income. From 2013 to 2022, the median income rose from $109,498 to $165,742, representing a 51% increase. This income growth suggests a possible correlation between the influx of Asian residents and high-paying job opportunities, potentially in the nearby Silicon Valley tech industry.
The population has grown steadily, increasing from 6,151 in 2013 to 7,247 in 2022, an 18% rise. This growth, combined with rising incomes, indicates an increasingly desirable neighborhood.
The demographic trends in Famous Ships align with broader patterns observed in many parts of the San Francisco Bay Area, where Asian populations have been growing rapidly. This growth is often attributed to the region's expanding tech industry, which attracts skilled immigrants.
The median income growth in Famous Ships surpasses the already high incomes typical of the Bay Area, suggesting this neighborhood is particularly attractive to high-earning professionals.
The Hispanic population in Famous Ships (6% in 2022) is notably lower than California's overall Hispanic population of approximately 39%. This underrepresentation may be due to the area's high cost of living, potentially excluding lower-income groups.
In conclusion, Famous Ships has evolved from a Moderate Diversity community to a predominantly Asian Plurality area over the past decade. This demographic shift has been accompanied by substantial economic growth, establishing the neighborhood as an increasingly affluent enclave within the San Francisco Bay Area. While there are minor indications of potential future diversification, the community remains predominantly Asian and White, with exceptionally high income levels that may limit accessibility for other demographic groups.
