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Demographics
Population
Median Income
Racial Distributions
Crescent Village, located in Chandler, Arizona, currently presents as a predominantly White Majority neighborhood with moderate diversity. As of 2022, the neighborhood has a population of 1,027 and a median income of $101,013. The neighborhood has experienced significant demographic shifts over the past decade, transitioning from a low diversity area to one with increasing representation from various racial groups.
In 2013, Crescent Village was categorized as a Low Diversity neighborhood, with the white population comprising 59% of residents and minimal representation from other groups. Over the past decade, the neighborhood has undergone a transition towards increased diversity. From 2013 to 2019, the area maintained its White Majority status but showed signs of increasing diversity, with growing Asian and Hispanic populations. By 2020, the neighborhood began to show characteristics of a Transitional Community, with the white population percentage increasing to 65% while simultaneously seeing growth in Hispanic and Native American representation. The most recent data from 2022 indicates a shift towards Moderate Diversity. The white population dropped to 50%, while Asian, Hispanic, and multiracial populations saw significant increases.
The demographic shifts in Crescent Village have been accompanied by notable economic changes. Median income has shown a general upward trend, rising from $86,237 in 2013 to $101,013 in 2022, an increase of about 17%. The period of greatest income growth (2013-2017) coincided with increases in Asian and Hispanic populations, suggesting possible correlations between demographic diversity and economic prosperity. Despite some fluctuations, the overall population has remained relatively stable, decreasing slightly from 1,126 in 2013 to 1,027 in 2022. This stability, combined with rising incomes, may indicate a trend towards gentrification or increased property values in the area.
The trends observed in Crescent Village align with broader patterns seen in many suburban areas across the United States. Increasing diversity in traditionally homogeneous suburban neighborhoods is a common trend nationwide, often driven by factors such as changing housing preferences, job opportunities, and evolving social attitudes. The rise in median income, coupled with increasing diversity, mirrors trends seen in many growing suburban areas, particularly those near tech hubs or expanding urban centers. The stability in population numbers despite rising incomes suggests that Crescent Village may be experiencing a shift in its socioeconomic makeup, potentially attracting higher-income residents from various racial backgrounds.
Crescent Village exemplifies a neighborhood in transition, moving from a low-diversity, predominantly white area to a more diverse community with a strong economic foundation. This evolution reflects broader national trends of increasing suburban diversity and economic growth in desirable suburban locations. As the community continues to change, it will be important to monitor how these demographic and economic shifts impact local culture, community cohesion, and future development plans.