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Demographic Analysis of Princeton, New Jersey (08540): Increasing Racial Diversity in a White Majority Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 08540 in Princeton, New Jersey, exhibits demographic changes from 2013 to 2022. The area maintains a White majority but transitions towards increased diversity. In 2022, the zip code is categorized as having "Moderate Diversity" with a White majority. The median income is $144,430, indicating an affluent area. The population has grown to 52,236 in 2022, suggesting the area's continued attractiveness.
The racial composition has evolved over the decade. The White population decreased from 60% in 2013 to 53% in 2022, transitioning from a clear "Racial Majority" to a situation closer to a "Racial Plurality." The Asian population has shown consistent growth, increasing from 26% in 2013 to 31% in 2022, contributing to the shift towards "Moderate Diversity." Black and Hispanic populations have remained relatively stable, each comprising about 5-6% of the total population. The "Two or More Races" category increased slightly from 2% to 3%.
Economic trends in the area show sustained prosperity. The median income has fluctuated between $147,828 and $164,588 throughout the decade, peaking at $164,588 in 2021 before decreasing slightly to $144,430 in 2022. This consistently high income level suggests the area remains attractive to high-earning professionals. The population has grown from 48,616 in 2013 to 52,236 in 2022, an increase of about 7.4%.
The high median income in this zip code is likely well above both state and national averages, indicating an exceptionally affluent area. The increasing Asian population may reflect broader trends in high-tech and academic sectors, given Princeton's reputation as an educational hub. The area's transition towards greater diversity, while maintaining a White majority, is reflective of many suburban communities near major metropolitan areas in the United States. The stability of the high income levels, even as diversity increases, suggests that the area is attracting highly educated and skilled professionals from various racial backgrounds.
Zip code 08540 in Princeton, NJ, represents a "Transitional Community" moving from a clear White majority towards increased diversity, particularly with growth in the Asian population. This transition is occurring in the context of sustained economic prosperity, as evidenced by consistently high median incomes and steady population growth. The area exemplifies a trend seen in many affluent suburbs: increasing racial diversity coupled with high socioeconomic status, likely driven by educational and professional opportunities in the region.
