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Demographics
Population
Median Income
Racial Distributions
Zip code 07047 in Secaucus, New Jersey, is classified as a "Majority-Minority" community with a Hispanic majority as of 2022. The area's population consists of 69% Hispanic residents, 20% White residents, and 7% Asian residents. The median income for 2022 was $71,140, showing a slight decrease from the previous year but maintaining an overall upward trend over the past decade.
Over the past decade, this zip code has consistently maintained its status as a "Majority-Minority" community, with the Hispanic population forming the racial majority. The Hispanic majority has remained stable, fluctuating between 67% and 74% over the years. There was a slight decrease from 72% in 2013 to 69% in 2022, indicating a minor diversification trend. The White population has seen a slight increase, from 18% in 2013 to 20% in 2022. The Asian population has steadily increased from 5% in 2013 to 7% in 2022. The Black population has remained relatively stable, showing a slight increase from 1% in 2013 to 2% in 2022.
These demographic shifts suggest that while the area remains a "Majority-Minority" community with a strong Hispanic presence, it is slowly trending towards increased diversity. If current trends continue, the area may potentially move towards a "Moderate Diversity" classification in the future.
The median income in this zip code has shown an overall positive trend, increasing from $64,818 in 2013 to $71,140 in 2022. This represents a growth of approximately 9.8% over the decade. A significant increase in median income occurred from $69,991 in 2020 to $77,174 in 2021, followed by a decrease to $71,140 in 2022. The population has remained relatively stable, with minor fluctuations, growing from 63,424 in 2013 to 64,020 in 2022, a modest increase of about 0.9%.
The strong Hispanic majority in this zip code is notably higher than the national average, reflecting a unique local demographic composition. The steady increase in median income aligns with broader national trends of economic growth over the past decade. The gradual increase in diversity, particularly the growth of the Asian population, mirrors trends seen in many urban and suburban areas across the United States.
In conclusion, zip code 07047 in Secaucus, New Jersey, maintains its character as a predominantly Hispanic "Majority-Minority" community while showing signs of gradual diversification. This demographic evolution, coupled with overall positive economic trends, suggests a dynamic and evolving local community. The area appears to be balancing cultural preservation with increasing diversity, potentially leading to a richer multicultural environment in the coming years.