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Demographic Analysis of Waretown, New Jersey: A Low Diversity Neighborhood with Predominant White Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Waretown, New Jersey, is classified as a Low Diversity neighborhood with a White Majority comprising 91% of the population as of 2022. The median income of $81,836 in 2022 exceeds the national average, indicating an affluent community. Waretown's proximity to the Jersey Shore may influence its demographics and economy through tourism and seasonal residence patterns.
Over the past decade, Waretown has maintained its status as a Low Diversity community with a strong White Majority. The percentage of white residents has remained above 89% from 2013 to 2022, with minor fluctuations. There are subtle indications of a slow transition towards increased diversity. The Black population has grown from 0% in 2013 to 1% in 2022, with a peak of 3% in 2020. The Hispanic population has shown a slight increase from 5% in 2013 to 6% in 2022. The category of "Two or More Races" has emerged, growing from 1% in 2013 to 2% in 2022. These changes suggest a gradual shift towards a more diverse community, though still within the Low Diversity category.
The median income in Waretown has shown fluctuations over the past decade. From 2013 to 2019, the median income remained relatively stable, ranging between $76,666 and $82,446. A significant increase occurred in 2021, with the median income reaching $100,188, followed by a return to previous levels in 2022 at $81,836. These economic trends do not show a clear correlation with the minor demographic shifts observed. The stability in both racial composition and income levels suggests a community that has maintained its socio-economic character over time, with the exception of the income spike in 2021.
Population figures have remained relatively stable, fluctuating between about 17,000 and 18,000 residents throughout the decade. This stability in population, combined with the consistent racial makeup, indicates that demographic changes are occurring gradually and may be attributed to natural population changes rather than significant migration patterns.
When compared to national trends, Waretown's demographic stability contrasts with many areas that have experienced more rapid diversification. While the U.S. as a whole has been moving towards greater racial and ethnic diversity, with growing Hispanic and Asian populations in many regions, Waretown has maintained its predominantly white demographic.
The median income in Waretown has consistently been above the national average, reflecting its status as a relatively affluent community. This economic stability, combined with its coastal location, suggests that Waretown may be an attractive area for retirees or second-home owners, which could contribute to its demographic consistency.
In conclusion, Waretown shows signs of very gradual diversification but remains a Low Diversity community with a strong White Majority. Its economic trends, characterized by overall stability with some fluctuations, do not seem to be directly correlated with its minor demographic shifts. The community's coastal location and above-average income levels may play a role in maintaining its current demographic and economic profile, potentially attracting residents who seek a stable, affluent community near the Jersey Shore.
