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Demographic Analysis of Zip Code 07435: A Low Diversity Area with White Majority
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07435 in Newfoundland, New Jersey, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The community has a population of 3,360 and a median income of $113,768, indicating an affluent suburban or rural area.
Over the past decade, this zip code has maintained its status as a "Low Diversity" area with a "White Majority." The white population has decreased from 92% in 2014 to 86% in 2022. The Hispanic population has increased from 7% in 2013 to 10% in 2022. The Asian population has increased from 1% in 2013 to 3% in 2022.
The median income in this zip code has fluctuated but remains high. The highest median income was $129,772 in 2017. There has been a slight decline in median income from the peak, reaching $113,768 in 2022. The population has grown from 2,950 in 2010 to 3,360 in 2022, a 14% increase.
The zip code's median income is higher than the national average, which was around $70,784 in 2021. The slow pace of diversification is contrary to national trends. The stability of the white majority over a decade, despite slight increases in minority populations, indicates this area is changing more slowly than many similar suburban communities across the U.S.
Zip code 07435 remains a "Low Diversity" area with a strong "White Majority," but there are signs of a gradual shift towards becoming a "Transitional Community." The economic prosperity of the area is attracting a slowly diversifying population, though changes are occurring at a slower rate than in many other U.S. suburban areas. The coming years will be crucial in determining whether this trend accelerates or if the area maintains its current demographic composition.
