The median income in Bala Cynwyd has shown overall growth, rising from $108,037 in 2013 to $109,014 in 2022, with fluctuations in between. There was an increase to $122,013 in 2021 before dropping in 2022. This upward trend in median income coincides with the increasing diversity of the community.

The population has grown from 8,163 in 2013 to 8,939 in 2022, indicating that the area is becoming more desirable.

The trends observed in Bala Cynwyd align with patterns seen in many suburban areas near major cities. The increase in diversity, particularly in Asian and Black populations, reflects changing patterns of suburbanization and the attraction of diverse populations to areas with strong economic prospects.

Based on the observed trends, Bala Cynwyd will likely continue its trajectory towards increased diversity. The community may transition from a "White Majority" to a "Moderate Diversity" category within the next 5-10 years. The growth in the Black population, if maintained, could lead to a more balanced racial composition.

Economically, the area appears poised for continued prosperity, given its rising median income and population growth. The drop in median income from 2021 to 2022 should be monitored to determine if it is an anomaly or the start of a new trend.

Bala Cynwyd is evolving from a predominantly white, affluent suburb to a more diverse community while maintaining its economic strength. This transition reflects broader societal trends towards increased suburban diversity and could position the area as an attractive destination for a wider range of residents in the coming years.