Balcones Heights, Texas, specifically the Hillcrest neighborhood, exhibits a distinct demographic profile as of 2022. The population is 2,615 with an estimated 1,002 housing units. The area is classified as "Hispanic Majority" with 86% of residents identifying as Hispanic. This demographic composition is significant for a Texas city, potentially influencing local culture, businesses, and community dynamics. The median income of $43,224 in 2022 is below the national median, suggesting possible economic challenges in this predominantly Hispanic enclave.

Hillcrest has experienced notable demographic changes from 2013 to 2022. The neighborhood transitioned from a "Majority-Minority" community to a "Hispanic Majority" area. The Hispanic population increased from 78% in 2013 to 86% in 2022. Conversely, the White population decreased from 18% in 2013 to 10% in 2022, indicating a potential outmigration trend. The Black population fluctuated, reaching 9% in 2019 before decreasing to 4% in 2022, suggesting a transient African American community. Throughout the decade, the neighborhood consistently displayed "Low Diversity" with the Hispanic population dominating and minimal representation from other racial groups.

The economic landscape of Hillcrest has shown variability over the past decade. Median income fluctuated significantly, peaking at $45,847 in 2014, dropping to $37,062 in 2018, and recovering to $43,224 by 2022. The population grew from 2,815 in 2013 to 3,124 in 2017, then declined to 2,615 in 2022. This population decrease coincided with the solidification of the Hispanic majority, possibly indicating that non-Hispanic residents were more likely to leave the area. An inverse relationship between Hispanic population percentage and median income was observed, suggesting potential economic challenges faced by the growing Hispanic community or the departure of higher-income non-Hispanic residents.