The Timbercrest neighborhood in Waco, Texas, exhibits a Moderate Diversity profile with a Hispanic Plurality as of 2022. The Hispanic population constitutes 44% of the community, followed by White (30%) and Black (23%) populations. Over the past decade, Timbercrest has transitioned from a predominantly White area to a more diverse community. The neighborhood has experienced fluctuations in median income, with a notable decline in recent years. Timbercrest's proximity to Baylor University likely influences its demographic composition and economic dynamics.

The neighborhood's demographic shifts from 2013 to 2022 reflect a transition from a White Majority to a Hispanic Plurality. From 2013 to 2016, Timbercrest evolved from a White Majority community (48% in 2013) to a Moderate Diversity profile. Between 2017 and 2019, the area maintained its Moderate Diversity status, with White and Hispanic populations nearly equal in representation. From 2020 to 2022, Timbercrest shifted to a Hispanic Plurality, with the Hispanic population growing from 42% to 44%, while the White population decreased from 39% to 30%. The Black population has remained relatively stable, fluctuating between 18-23% throughout the decade.

Timbercrest's median income has shown significant volatility over the past decade. From 2013 to 2017, there was a period of growth, with median income rising from $47,950 to $60,312. In 2018-2019, there was a slight decline to around $56,000. From 2020 to 2022, there was a sharp decrease to $41,514, almost returning to 2013 levels. These economic shifts correlate with demographic changes. The initial income growth coincided with the transition to Moderate Diversity, while the recent income decline aligns with the shift to a Hispanic Plurality.