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Demographics
Population
Median Income
Racial Distributions
The 07305 zip code in Jersey City, New Jersey, is classified as a "Majority-Minority" community with "High Diversity" as of 2022. No single racial group constitutes a majority, and minority groups collectively form the majority of the population. The area exhibits significant representation from multiple racial groups, with Black (40%), Hispanic (27%), and Asian (15%) populations being the most prominent. The median household income is $65,372, and the population stands at 72,580.
Over the past decade, this zip code has maintained its status as a "Majority-Minority" area with "High Diversity." Notable shifts have occurred within this framework. The Black population, which represented a plurality at 47% in 2013, decreased to 40% by 2022, though remaining the largest single group. The Hispanic community has shown steady growth, increasing from 22% in 2013 to 27% in 2022, indicating a trend towards a more balanced multi-ethnic composition. The Asian population has remained relatively constant, fluctuating between 15-17% throughout the decade.
The percentage of those identifying as two or more races has grown from 2% in 2013 to 3% in 2022, suggesting a trend towards more complex racial identities. These shifts indicate that while the area remains highly diverse, it is evolving towards an even more balanced multi-ethnic composition, potentially moving towards a "Transitional Community" status.
The median household income has shown significant fluctuations over the decade. From 2013 to 2017, there was a decline in median income from $61,777 to $57,550, coinciding with the period of most rapid demographic change. From 2018 onwards, there has been a general upward trend in median income, reaching $65,372 in 2022. In 2021, there was a dramatic increase to $71,609, followed by a correction in 2022. This spike coincided with a sudden population increase, possibly indicating an influx of higher-income residents or pandemic-related economic factors.
The demographic trends in this zip code mirror broader national trends towards increasing diversity, particularly in urban areas. The growth in the Hispanic population and those identifying as multi-racial aligns with national patterns. The persistent high representation of Black residents is somewhat unique, especially for a Northern urban area, and may reflect Jersey City's historical demographics.
The economic recovery and growth in recent years, despite the challenges of increasing diversity, suggest that this area may be successfully navigating the complexities of demographic change. This could serve as a model for other urban areas experiencing similar transitions. The 07305 zip code represents a highly diverse, economically recovering urban area that has maintained its "Majority-Minority" status while evolving towards an even more balanced multi-ethnic composition. The area's ability to maintain economic growth amidst significant demographic shifts suggests a resilient and adaptable community.