I'm incredibly thankful for my privileged upbringing in a similar suburban community, but none of my peers could leave fast enough.
I find the other problems more ambiguous, though. High median income is almost axiomatic: people with means will choose the nicest places to live. That doesn't bother me much at all. It correlates strongly with lower crime and a stronger focus on education. And maybe "nothing to offer young adults" is actually a feature. I think young adults as a rule should leave their hometowns, travel the world, explore and experiment and do brave and foolish things, learn from their mistakes and get some perspective.
I'm not sure any one [kind of] place can be great for families with young children, and for young adults, and be economically and culturally diverse. Absent the option of such a utopia, as the father of two young girls I'm always -- and unapologetically -- going to optimize for proximity to other families with kids, safely walkable/bikeable streets, and excellent schools.
Respectfully, Chris
Also, while prediction is a dangerous game, I foresee the combination of increased investment in public transit, and the advent of affordable driverless cars, adding up to helping suburbs remain a terrific place to grow up. As my hometown (Arlington, MA) was in the 70's and 80's, and as my new adopted town (Duxbury MA) is today.
Related tangent: IMHO quality of life is less about urban/suburban(/rural), than it is about neighborhoods. I posted about this topic earlier this year: http://www.chrisweekly.org/2014/01/22/neighborhoods-matter-h...