Warm water will float above cold layers of water because it is less dense.
In still bodies of water such as lakes and dams, very distinct layers of warm and cold water form. This phenomenon is called thermal stratification and has a profound influence on the variety of life found within the lakes and reservoirs. The warmer layer, the
epilimnion, typically circulates within itself due to solar driven convection. The colder layer, the
hypolimnion, tends to remain much more still, with the size of the temperature layers changing over the changing seasons.
This is why it's often more comfortable to swim along the surface of a lake rather than dive down to the colder depths.
Find out more about a thermocline, also known as a metalimnion.
This is the area whereby the rapid change in water temperature occurs.
Whilst in polar regions there are complex movements of currents disturbing the thermal stratification, warmer water will still float above colder water and produce sharp changes in temperature as the depth changes. Cold water has more dissolved oxygen and is thereby more conducive to life.
Reference:
Brady, J. E. & Holum, J. R. (1993). Chemistry. The Study of Matter and Its Changes.
John Wiley & Sons, New York
Williams, W.D. (1980). Australian Freshwater Life. Macmillan Education Australia, Melbourne.