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Demographics
Population
Median Income
Racial Distributions
Ray Ranch, a neighborhood in Gilbert, Arizona, demonstrates a demographic profile categorized as "Moderate Diversity" as of 2022. The community's racial composition consists of 52% whites, 30% Hispanics, and 10% Asians. Ray Ranch's median income in 2022 was $102,635. The neighborhood experienced significant population growth, increasing from 636 residents in 2010 to 1,433 in 2022.
Ray Ranch underwent a notable transformation in its racial composition over the past decade. In 2013, the neighborhood was categorized as having "Low Diversity," with whites comprising 88% of the population. By 2022, the community transitioned to "Moderate Diversity." This shift is characterized by a decrease in the white population percentage from 88% to 52% and increases in Hispanic (from 8% to 30%) and Asian (from 0% to 10%) populations.
The community experienced a period classified as "White Majority" between 2014 and 2019, before transitioning to its current "Moderate Diversity" status. This evolution indicates a rapid diversification of the neighborhood, possibly due to changing housing patterns, immigration, or broader demographic shifts in the Gilbert area.
The median income in Ray Ranch has fluctuated over the years but generally remained high. There is a correlation between increasing diversity and changes in median income. As the community became more diverse from 2013 to 2022, the median income initially decreased from $100,476 in 2013 to $81,117 in 2017, before increasing to $102,635 in 2022. This trend suggests initial economic adjustments as the community diversified, followed by a period of economic growth that coincided with increased racial diversity.
The demographic shifts observed in Ray Ranch align with broader trends seen in many suburban areas across the United States, where previously homogeneous communities are becoming increasingly diverse. The rapid increase in Hispanic and Asian populations mirrors national trends of growing diversity in suburban areas. The economic resilience of Ray Ranch, maintaining a high median income despite significant demographic changes, is noteworthy.
Ray Ranch presents a case study of a suburban neighborhood transitioning from low diversity to moderate diversity over a relatively short period. The community's ability to maintain high median incomes while undergoing significant demographic changes indicates a robust local economy and potentially successful integration of new residents. This evolution reflects broader national trends of increasing suburban diversity and suggests that Ray Ranch may continue to be a dynamic and changing community in the coming years.