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Demographics
Population
Median Income
Racial Distributions
Crestwood, a neighborhood in Yonkers, New York, exhibits a profile of Moderate Diversity with a high median income as of 2022. The community lacks a clear racial majority, with White residents at 39%, Black residents at 20%, and Hispanic residents at 19%. The median income of $105,656 in 2022 indicates an affluent community. Crestwood combines urban and suburban characteristics.
Over the past decade, Crestwood transitioned from a White Plurality community to one of Moderate Diversity. In 2013, the neighborhood had a White Plurality of 46%, which decreased to 39% by 2022. This shift coincided with increases in Black, Hispanic, and multiracial populations. The Asian population remained stable at 16-17% in recent years. The percentage of residents identifying as two or more races increased from 0% in 2017 to 3% in 2022.
Crestwood's economic profile demonstrated growth over the past decade. The median income increased from $96,810 in 2013 to $105,656 in 2022, a 9% rise. The income peaked in 2018 at $116,111, with a slight decline thereafter. This upward income trend occurred alongside increasing racial diversity, suggesting the neighborhood maintained its economic attractiveness while becoming more inclusive.
The population remained relatively stable, fluctuating between 6,600 and 7,300 residents over the decade. This stability, combined with increasing diversity and rising incomes, suggests Crestwood became an increasingly desirable location for various demographic groups.
The demographic shifts in Crestwood align with broader national trends towards increasing diversity in suburban areas. Many affluent suburbs across the United States have experienced similar transitions from predominantly White communities to more diverse neighborhoods. This trend often reflects changing preferences among middle and upper-middle-class families from various racial backgrounds seeking quality housing, good schools, and community amenities.
Crestwood's economic resilience, maintaining high median incomes while diversifying, is noteworthy. It suggests the neighborhood successfully navigated demographic changes without experiencing economic decline, a challenge some communities face during rapid demographic shifts.
Crestwood exemplifies a Transitional Community, evolving from a White Plurality to a more diverse neighborhood while maintaining economic strength. This transformation reflects broader national trends towards suburban diversification and suggests a community that has adapted to changing demographics, potentially positioning itself as an attractive option for a wide range of residents seeking an affluent, diverse suburban experience.