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Demographic Analysis of Zip Code 07403: White Majority with Increasing Hispanic Population
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07403 in Bloomingdale, New Jersey, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 7,079 and a median income of $97,267. This suburban area, covering 8.75 square miles, has experienced subtle demographic shifts over the past decade.
Throughout the analyzed period (2013-2022), the community has maintained a "White Majority" status, with the white population representing over 70% of residents in most years. There has been a gradual decline from 80% in 2013 to 72% in 2022, indicating slow but steady diversification. The most significant change is the growth of the Hispanic community, rising from 10% in 2013 to 21% in 2022. This trend suggests a transition towards a more diverse community composition.
The community is showing signs of increasing diversity, although it does not yet qualify as "High Diversity" by defined standards. The Asian and Black populations have grown from near 0% to 3-4% each by 2022. The consistent increase in Hispanic representation and the gradual growth of other minority groups indicate that Bloomingdale is a "Transitional Community," moving towards greater diversity over time.
The median income has fluctuated significantly over the years, ranging from a low of $89,278 in 2016 to a high of $125,233 in 2021. Despite these variations, the overall trend shows an increase from $98,200 in 2013 to $97,267 in 2022, indicating relative economic stability with some growth. The population has remained relatively stable, with a slight decrease from 7,233 in 2013 to 7,079 in 2022. This suggests that the demographic changes are more likely due to shifting compositions within the existing population rather than significant influxes of new residents.
The years with the highest Hispanic population (2019-2022) coincide with some of the higher median income figures, suggesting that the increasing diversity has not negatively impacted the area's economic status and may have contributed to its economic resilience. The trends observed in Bloomingdale align with broader national patterns of increasing diversity in suburban areas. The gradual increase in minority populations, particularly Hispanic residents, reflects similar trends seen in many suburban communities across the United States.
The median income of $97,267 in 2022 is significantly higher than the national median household income, indicating that Bloomingdale remains an affluent area despite demographic changes. This suggests that the community has maintained its economic status while becoming more diverse, a pattern seen in some well-established suburban areas near major metropolitan centers. Bloomingdale (07403) represents a "Transitional Community" that is gradually moving from a predominantly white area to a more diverse suburb. This transition has occurred without significant economic disruption, and may have contributed to the area's economic resilience.
