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Demographic Analysis of Lake Mohawk, New Jersey: A Low Diversity Neighborhood with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Lake Mohawk, New Jersey, is categorized as a neighborhood with Low Diversity, with a White Majority comprising 86% of the population as of 2022. The area has a high median income of $141,035 in 2022, which is above the national average. Lake Mohawk is known for its lakeside setting and exclusive community atmosphere, attracting affluent residents.
Over the past decade, Lake Mohawk has maintained its status as a Low Diversity community with a White Majority. There has been a subtle trend towards increased diversity. The White population has decreased from 92% in 2013 to 86% in 2022. The Hispanic population has increased from 4% in 2013 to 7% in 2022. The Asian population has doubled from 2% to 4% over the same period. The community has seen a small increase in residents identifying as two or more races, from 1% to 2%. These changes indicate a slow transition towards slightly increased diversity, though not enough to change the overall classification from Low Diversity.
The median income in Lake Mohawk has shown an overall upward trend, with some fluctuations. In 2013, the median income was $140,368. It peaked in 2021 at $157,786, showing a significant increase from the previous year. In 2022, it slightly decreased to $141,035, but still remained higher than most previous years. The population has remained relatively stable, with minor fluctuations. The population was 16,301 in 2013. It reached a low of 15,873 in 2020, possibly due to the COVID-19 pandemic. By 2022, it had rebounded to 16,987, slightly higher than the 2013 level.
The consistently high median income suggests that the community has maintained its affluent status, which may have influenced the slow pace of demographic change. The slight increase in diversity could be attributed to high-income individuals from various backgrounds being attracted to the area's amenities and quality of life.
The trends observed in Lake Mohawk align with broader patterns seen in many affluent suburban communities across the United States. These include slow but steady increases in diversity, particularly among Hispanic and Asian populations, maintenance of high median incomes, often well above national and state averages, and relative stability in population, with minor fluctuations possibly influenced by economic cycles and events like the COVID-19 pandemic.
The pace of diversification in Lake Mohawk appears slower than national trends, which have seen more rapid increases in diversity in many urban and suburban areas. This slower change could be attributed to factors such as high property values and cost of living, which may limit accessibility for some demographic groups, the community's established character and reputation, which may attract residents seeking a specific lifestyle, and limited housing turnover in established, high-income communities.
In conclusion, Lake Mohawk is experiencing a gradual increase in diversity, but remains a predominantly White, high-income community. The slow pace of demographic change, coupled with consistently high median incomes, suggests a stable, affluent neighborhood that is only gradually becoming more diverse. This trend reflects both the community's desirability and the broader national movement towards increased diversity, albeit at a more measured pace in this exclusive lakeside setting.
