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Demographics
Population
Median Income
Racial Distributions
Zip code 07422 in Highland Lakes, New Jersey, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The racial composition shows 86% white population, with a median income of $92,843. This suburban area spans 13.59 square miles and has a population of 3,918 as of 2022, indicating a relatively low population density.
Over the past decade, Highland Lakes has maintained its status as a "Low Diversity" area with a "White Majority". The white population percentage has slightly decreased from 89% in 2013 to 86% in 2022. There has been a gradual increase in the Hispanic population, from 9% in 2013 to 11% in 2022. The representation of other racial groups remained minimal throughout the decade, with Black population consistently at 1%, and Asian and other racial categories showing negligible presence.
The median income in Highland Lakes has shown fluctuation over the past decade. From 2013 to 2019, there was an increase in median income from $89,725 to $114,862. However, from 2019 to 2022, there was a decrease in median income from $114,862 to $92,843. Population figures have remained relatively stable, fluctuating between 3,400 and 4,100 residents throughout the decade.
The area's persistent "Low Diversity" status contrasts with national trends towards increasing diversity in many suburban areas. The median income, even after recent declines, remains above the national median, indicating that Highland Lakes is a relatively affluent area. The recent decline in median income mirrors broader economic challenges faced nationwide in recent years.
In conclusion, Highland Lakes has maintained its status as a predominantly white, affluent area over the past decade. Subtle shifts in demographics and more pronounced changes in economic indicators suggest a community in slow transition. The challenge for local policymakers may be to manage this transition in a way that maintains the area's economic strength while potentially embracing the gradual increase in diversity.