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Demographic Analysis of Zip Code 07024: Asian Plurality and Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07024 in Fort Lee, New Jersey, has transitioned to a "Majority-Minority" community with "High Diversity" as of 2022. The Asian population constitutes a plurality at 44%, followed by White at 38%, and Hispanic at 13%. The median income of $97,038 in 2022 indicates an affluent area, exceeding the national median.
From 2013 to 2022, the community evolved from "Moderate Diversity" with a White plurality (45%) to "High Diversity" with an Asian plurality (44%). The White population decreased to 38%, while the Hispanic population remained relatively stable between 11-14%. This shift categorizes the area as a "Transitional Community."
The median income increased from $88,814 in 2013 to $97,038 in 2022, a 9.3% growth. This trend correlates with the increasing Asian population, often including high-skilled professionals in the New York metropolitan area. The population grew from 35,652 in 2013 to 39,967 in 2022, a 12.1% increase.
Fort Lee's demographic changes align with broader trends in the New York metropolitan area and many suburban communities nationwide. These include an increasing Asian population in suburban areas, a gradual decrease in the White population percentage, and income growth outpacing national averages.
The community's transition to "High Diversity" and "Majority-Minority" status reflects similar changes in many American suburbs, particularly those near major urban centers. Fort Lee's high Asian population growth and high median income distinguish it from national averages.
Fort Lee (07024) has undergone a significant demographic transformation over the past decade, evolving into a highly diverse, affluent community. This shift from "Moderate Diversity" to "High Diversity" and "Majority-Minority" status, coupled with substantial income growth, indicates a dynamic and economically robust area that has become increasingly attractive to a diverse, high-income population. These trends are likely to continue shaping the community's character, local services, and economic landscape in the coming years.
