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Demographic Analysis of Zip Code 07407: Transition from White Majority to Diverse Community
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07407 in Elmwood Park, New Jersey, has transitioned from a "White Majority" community to one of "Moderate Diversity" between 2013 and 2022. As of 2022, the white population constitutes 50% of the total, while the Hispanic population represents 32%. The median income in 2022 was $81,001, indicating a relatively affluent suburban area.
Over the past decade, Elmwood Park has experienced significant changes in its racial composition. In 2013, the white population comprised 65% of the community, but this decreased to 50% by 2022. Concurrently, the Hispanic population increased from 21% to 32%, and the Asian population grew from 7% to 9%. The black population, though still a small percentage, showed substantial growth from 1% to 6% during this period.
The median income in the area has shown moderate growth, increasing from $76,099 in 2013 to $81,001 in 2022, representing a 6.4% increase. However, this growth has not kept pace with inflation, suggesting potential stagnation in real income. The period of most rapid income growth coincided with the early stages of demographic shift, between 2013 and 2017, when median income rose from $76,099 to $83,907.
The population of Elmwood Park has grown steadily from 19,781 in 2013 to 21,379 in 2022, an increase of approximately 8%. This population growth, combined with the changing racial composition, supports the characterization of Elmwood Park as a "Transitional Community."
The demographic shifts observed in Elmwood Park align with broader trends seen in many suburban areas across the United States, particularly those near major metropolitan areas. The increasing diversity, especially the growth in Hispanic and Asian populations, reflects national trends of suburbanization among minority groups.
The median income in Elmwood Park ($81,001 in 2022) is higher than the national median household income (approximately $70,784 in 2021), indicating that despite the demographic changes, the area has maintained its economic advantage. This suggests that the community is attracting diverse, middle to upper-middle class families, potentially driven by factors such as good schools, job opportunities, or proximity to urban centers.
Elmwood Park (07407) has evolved from a predominantly white community to one of moderate diversity over the past decade. This transition has been accompanied by steady population growth and moderate income increases. The area appears to be successfully navigating demographic changes while maintaining its economic stability, positioning itself as an increasingly diverse and prosperous suburban community.
