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Demographic Analysis of Zip Code 07064: Transition to High Diversity and Racial Composition Changes
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07064 in Port Reading, New Jersey, transitioned from a white majority to a majority-minority community between 2013 and 2022. The area's diversity increased from low to moderate during this period. The Hispanic population grew significantly, rising from 15% in 2013 to 39% in 2022, nearly achieving a Hispanic plurality.
The median income in the zip code increased from $79,669 in 2013 to $116,725 in 2022, representing a growth of approximately 46%. This income growth coincided with increasing diversity, suggesting a potential link between demographic shifts and economic opportunities.
The population of the area grew from 4,076 in 2013 to 5,069 in 2022, an increase of about 24%. This population growth, combined with increasing diversity and rising incomes, indicates the area's growing attractiveness to various ethnic groups and potential gentrification.
The trends observed in zip code 07064 align with broader patterns seen in many suburban areas near major metropolitan centers. The shift from a white majority to a majority-minority community reflects a national trend of increasing diversity in suburban areas, particularly those near large cities.
The simultaneous increase in diversity and median income challenges some traditional narratives about diversity and economic prosperity. This aligns with emerging research showing economic benefits of diversity in some communities.
The significant increase in the Hispanic population mirrors national trends, where Hispanic communities are among the fastest-growing demographic groups in many parts of the United States.
The combination of rising incomes, population growth, and changing demographics suggests potential gentrification, a process observed in many evolving suburban communities across the country.
Zip code 07064 in Port Reading, New Jersey, has undergone a significant transformation over the past decade. It has evolved from a predominantly white, less diverse community to a majority-minority area with moderate diversity. This demographic shift has been accompanied by substantial economic growth, as evidenced by rising median incomes and population increases. These changes reflect broader national trends of increasing suburban diversity and the complex interplay between demographic changes and economic development in evolving communities.
