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Demographic Analysis of Zip Code 07006: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07006 in North Caldwell, New Jersey, is classified as a "White Majority" area with moderate diversity as of 2022. The white population constitutes 78% of the total, while other racial groups have notable representation. The median income of $134,041 in 2022 indicates an affluent community, exceeding the national average.
Over the past decade, this zip code has transitioned from "Low Diversity" to "Moderate Diversity". In 2013, the area had "Low Diversity" with 86% white population. By 2022, the white population decreased to 78%, while Asian, Black, and Hispanic populations increased. The most significant changes occurred in the Asian and Hispanic populations, both growing from 5% in 2013 to 8% in 2022. The area shows indications of becoming a "Transitional Community", with consistent increases in minority populations over the years.
The median income has demonstrated an upward trend, increasing from $121,462 in 2013 to $134,041 in 2022, an overall growth of about 10.4%. There is a correlation between increasing diversity and rising median income, suggesting that the influx of diverse populations may be linked to high-skilled, well-paying job opportunities in the area. The population has grown steadily from 24,880 in 2013 to 26,438 in 2022, an increase of about 6.3%, indicating the area's attractiveness to new residents.
The demographic shifts in this zip code align with broader national trends of increasing diversity in suburban areas, particularly those near major metropolitan centers. The high median income and its growth rate suggest that this area may be experiencing "suburbanization of affluence", where wealthy and diverse professionals move to suburban areas. The relatively stable and high percentage of white residents, despite increasing diversity, indicates that this area may be more resistant to rapid demographic changes compared to some other suburban areas experiencing faster transitions.
Zip code 07006 in North Caldwell, New Jersey, represents an affluent, predominantly white community that is gradually becoming more diverse. The area maintains its economic strength while slowly transitioning towards greater racial representation, particularly among Asian and Hispanic populations. This gradual shift suggests a controlled integration of diverse, high-income residents rather than a rapid demographic overhaul, potentially allowing for smoother community adaptation to changing demographics.
