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Demographics
Population
Median Income
Racial Distributions
Hamilton Square, New Jersey, is classified as a "White Majority" neighborhood with moderate diversity. As of 2022, the white population comprises 72% of the total, with Asian, Hispanic, and Black communities representing significant minorities. The area has a median income of $109,213, indicating an affluent suburban community. Hamilton Square is home to the Grounds for Sculpture, a 42-acre sculpture park and museum founded in 1992.
Over the past decade, Hamilton Square has maintained its "White Majority" status while showing signs of increasing diversity. The white population decreased from 77% in 2013 to 72% in 2022, while Asian and Hispanic populations grew. This trend indicates a gradual transition towards greater diversity, though not yet reaching the threshold for a "Transitional Community".
The Asian population experienced the most significant growth, increasing from 6% in 2013 to 10% in 2022. This change may be attributed to the area's proximity to Princeton University and the growing tech industry in the region. The Hispanic population also showed steady growth, from 7% in 2013 to 9% in 2022, reflecting broader national trends of increasing Hispanic populations in suburban areas.
The median income in Hamilton Square increased from $102,029 in 2013 to $109,213 in 2022, a 7% increase over the decade. This growth correlates with the increasing diversity, particularly the growth in the Asian population. A significant spike in median income occurred in 2021, reaching $116,071, possibly due to pandemic-related factors.
The population has remained relatively stable over the decade, with minor fluctuations, suggesting that the community has maintained its appeal while gradually becoming more diverse. The demographic shifts in Hamilton Square align with broader trends seen in many affluent suburbs across the United States.
The high median income and its steady growth over the decade place Hamilton Square well above the national median household income, which was around $70,784 in 2021. This indicates that the area has remained economically resilient and attractive to high-income earners, even as it becomes more diverse.
The stability of the population, coupled with increasing diversity and rising incomes, suggests that Hamilton Square is successfully navigating demographic changes while maintaining its economic strength. This balanced evolution indicates a community that is gradually becoming more inclusive while preserving its suburban character and economic advantages.