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Demographics
Population
Population Density
Crestwood Colony in Fort Wayne, Indiana, is classified as a Light Urban Neighborhood based on its population density. The density has remained above 6,000 people per square mile from 2010 to 2022. This density indicates a compact living environment.
The neighborhood has experienced population fluctuations. The population peaked in 2020 with 2,110 residents, equating to a density of 7,977.17 people per square mile. A significant decline followed, with the 2022 population dropping to 1,783, the lowest in the observed period.
The recent population decline may be due to various factors, including changes in local economic conditions, housing preferences, or broader demographic trends in Fort Wayne. Despite this recent decrease, the overall trend from 2010 to 2022 shows a slight population increase.
The high population density suggests that Crestwood Colony residents likely benefit from well-developed urban infrastructure. This may include enhanced public transportation, easy access to essential services, and various local amenities within walking distance or a short commute.
The urban nature of the neighborhood suggests that the housing stock primarily consists of apartments and townhomes, with limited space for single-family detached homes. The estimated 683 housing units for the 2022 population, based on the national average household size, supports this assumption of compact living arrangements.
Crestwood Colony's location within Fort Wayne, known for its revitalized downtown area and efforts to attract young professionals and families, may explain some of the population fluctuations. The neighborhood could be influenced by broader city-wide initiatives and economic developments.
In conclusion, Crestwood Colony presents an urban living environment within Fort Wayne, characterized by high population density. While recent years have seen a population decrease, the long-term trend suggests a relatively stable community with potential for future growth and development.