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Demographics
Population
Median Income
Racial Distributions
Canyon Crest, a neighborhood in Riverside, California, currently exhibits a Moderate Diversity demographic profile with a White Plurality. As of 2022, the neighborhood has a population of 16,886 and a median income of $91,333. Canyon Crest is located near the University of California, Riverside, which may influence its demographic composition and economic characteristics.
Over the past decade, Canyon Crest has transitioned from a White Majority community to one of Moderate Diversity with a White Plurality. In 2013, 53% of the population identified as white, decreasing to 46% by 2022. This shift is attributed to increases in other racial groups, particularly Hispanic and Asian populations. The Hispanic population remained stable at 26-28% throughout the decade, while the Asian population increased from 10% in 2013 to 13% in 2022.
The community has experienced an increase in residents identifying as two or more races, doubling from 3% in 2013 to 6% in 2022. This trend suggests that Canyon Crest is becoming a Transitional Community, moving towards greater diversity.
The median income in Canyon Crest has fluctuated but generally trended upward. In 2013, the median income was $93,127, increasing to $99,897 by 2021. However, it dropped to $91,333 in 2022, possibly due to economic impacts of the COVID-19 pandemic. The population of Canyon Crest has not grown steadily, peaking in 2017 at 18,596 residents and declining to 16,886 in 2022.
The demographic shifts observed in Canyon Crest align with broader trends seen in many urban and suburban areas across the United States, where communities are becoming increasingly diverse. The median income in Canyon Crest remains significantly higher than the national median household income, which was approximately $70,784 in 2021.
The presence of the University of California, Riverside likely contributes to the neighborhood's diversity and economic profile. Universities often attract a diverse population of students, faculty, and staff, which can influence local demographics and contribute to a more dynamic local economy.
Canyon Crest exemplifies a community in transition, moving from a White Majority to a more diverse demographic composition. Economic indicators have generally remained strong, but recent fluctuations in population and income suggest ongoing changes that may reshape the neighborhood's character in the coming years. The interplay between the neighborhood's proximity to a major university, its changing demographics, and economic trends will likely continue to define Canyon Crest's evolution in the near future.