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Demographics
Population
Median Income
Racial Distributions
Crestmont, a neighborhood in Oakland, California, currently exhibits a White Majority demographic composition with 55% of the population identifying as white in 2022. The area is characterized by high median incomes, reaching $174,864 in 2022, significantly above national averages. Crestmont is known for its hillside location offering panoramic views of the San Francisco Bay, attracting affluent residents seeking a suburban feel within the city limits.
Over the past decade, Crestmont has undergone notable demographic changes. In 2013, the neighborhood was categorized as having Moderate Diversity, with white residents comprising 53% of the population, followed by significant Asian (22%) and Black (10%) populations. By 2016, the area transitioned to a Majority-Minority status, with white residents decreasing to 42% and increases in Asian, Black, and Hispanic populations.
From 2017 to 2019, the neighborhood fluctuated between Moderate Diversity and White Plurality states, with white residents hovering around 44-50%. By 2020, Crestmont returned to a White Majority status, which it has maintained through 2022. This shift appears to be partly due to a decrease in the Asian population from 21% in 2019 to 12% in 2020, and subsequent stabilization around 17-18%.
The demographic shifts in Crestmont correlate with economic changes. The median income has increased from $123,515 in 2013 to $174,864 in 2022, a 41.6% rise. The period of greatest racial diversity (2015-2017) coincided with rapid income growth, with median income peaking at $184,021 in 2019.
The population has grown from 995 in 2010 to 1,271 in 2022, a 27.7% increase. This population growth, combined with rising incomes, suggests gentrification pressures that may have contributed to the demographic shifts, particularly the increase in white residents and decrease in some minority populations.
Crestmont's demographic and economic trends reflect patterns seen in many urban areas across the United States, particularly in California. The neighborhood's evolution from moderate diversity to a white majority with high incomes is indicative of gentrification processes common in desirable urban locations.
The median household income in Crestmont ($174,864 in 2022) exceeds both the national median ($70,784 in 2021) and the California state median ($84,907 in 2021). This disparity highlights the neighborhood's status as an affluent enclave within Oakland, a city known for its diversity but also for growing income inequality.
The fluctuations in racial composition, particularly the decrease in Asian population percentage, may reflect broader Bay Area trends of suburban migration among certain demographic groups. However, the maintenance of a significant Asian population (18% in 2022) still indicates a level of diversity higher than many comparable affluent neighborhoods.
Crestmont's demographic evolution over the past decade reveals an interplay of gentrification, economic growth, and shifting racial dynamics. While the neighborhood has returned to a White Majority status, it retains elements of its diverse past, reflecting the broader challenges and changes facing urban areas in balancing growth, affordability, and diversity.