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Demographics
Population
Median Income
Racial Distributions
Homecrest, a neighborhood in Brooklyn, New York, exhibits a Moderate Diversity demographic profile with a White Majority. As of 2022, the white population constitutes 53% of the residents, followed by an Asian presence at 25%. The neighborhood's median income of $65,818 in 2022 reflects a middle-class community. Homecrest is known for its mix of Eastern European and Asian influences, evident in its culinary scene and cultural establishments.
Over the past decade, Homecrest has transitioned from a Low Diversity community with a strong White Majority to its current state of Moderate Diversity. In 2013, the white population comprised 61% of residents, with Asians at 24%. By 2022, the white population had decreased to 53%, while Asian, Hispanic, and Black populations saw modest increases. This shift suggests a trend towards increasing diversity, though not dramatic enough to classify Homecrest as a Transitional Community.
The median income in Homecrest has shown an overall upward trend, rising from $59,425 in 2013 to $65,818 in 2022, with fluctuations in between. There was a jump to $70,652 in 2021, followed by a decrease in 2022, possibly reflecting economic impacts of the COVID-19 pandemic. The population has remained relatively stable, ranging from about 53,000 to 60,000 residents over the decade.
The demographic shifts in Homecrest mirror broader trends seen in many urban areas across the United States, where increasing diversity is becoming the norm. However, the pace of change in Homecrest appears to be more gradual compared to some rapidly gentrifying neighborhoods in Brooklyn or other parts of New York City.
The economic trajectory of Homecrest, with its overall upward trend in median income, aligns with general patterns of economic growth in urban areas. The neighborhood's resilience in maintaining a stable population and gradual income growth, even through economic challenges like the pandemic, suggests a level of economic stability.
Homecrest presents a picture of gradual, steady demographic diversification coupled with moderate economic growth. This pattern suggests a neighborhood that is evolving while maintaining a degree of stability, potentially offering a balanced environment for both established residents and newcomers from diverse backgrounds.