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Demographic Analysis of Zip Code 07109: Hispanic Majority and Racial Composition
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07109 in Silver Lake, New Jersey, transitioned to a Hispanic Majority area by 2022, with a median income of $78,838. This area evolved from a diverse community to one with a clear Hispanic majority over the past decade.
The demographic shifts in the area include a transition to Hispanic Majority, with the Hispanic population reaching 52% by 2022. The white population decreased from 35% in 2013 to 28% in 2022. Asian and Black populations remained relatively stable at around 10% and 7-9% respectively. The "Two or More Races" category increased slightly from 1% to 2%.
Economic trends show a modest income growth of 6% over the decade, with the median income increasing from $74,311 in 2013 to $78,838 in 2022. Significant income fluctuations occurred, peaking at $84,523 in 2021 before declining sharply in 2022. The population grew by about 6%, from 35,470 in 2013 to 37,613 in 2022.
The increase in the Hispanic population aligns with national trends, as the Hispanic population has been the fastest-growing major racial or ethnic group in the United States over the past decade. The modest income growth in this zip code is somewhat lower than the national average, which saw about a 10% increase in median household income over a similar period.
The zip code has a population density of about 11,261 people per square mile, indicating a highly urban environment. This density is significantly higher than the national average and surpasses many major cities. With an estimated 14,411 housing units, there may be increasing pressure on housing availability and affordability, considering the modest income growth.
Zip code 07109 in Silver Lake, New Jersey, has undergone a significant demographic transition over the past decade, evolving into a Hispanic Majority area. This shift has been accompanied by modest economic growth and population increase. The area's high population density and changing demographics suggest a dynamic urban environment that may face challenges related to housing and community services as it continues to evolve.
