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Demographics
Population
Median Income
Racial Distributions
The zip code 07442 in Pompton Lakes, New Jersey, is categorized as a "White Majority" area with moderate diversity as of 2022. The white population comprises 75% of the total, while Hispanic (17%) and Asian (6%) communities form significant minorities. The area's median income in 2022 was $107,640.
Over the past decade, Pompton Lakes has maintained its status as a "White Majority" area, but with notable changes. There is evidence of a gradual shift towards increased diversity. The white population decreased from 77% in 2013 to 75% in 2022, while Hispanic representation increased from 13% to 17% during the same period. By 2022, the area had evolved into a moderately diverse community with three racial groups (White, Hispanic, and Asian) having significant representation.
The demographic shifts correlate with significant economic changes. The median income has risen substantially from $94,831 in 2013 to $107,640 in 2022, an increase of about 13.5% over nine years. Despite the overall upward trend, there were fluctuations, with a peak of $111,538 in 2021 before a slight decrease in 2022. The population has remained relatively stable, increasing only slightly from 11,010 in 2013 to 10,881 in 2022, suggesting that economic changes are not driven by significant population influx or exodus.
The increase in diversity, particularly the growth of the Hispanic population, aligns with broader national trends of increasing diversity in suburban areas. The substantial rise in median income over the decade suggests that Pompton Lakes may be outpacing national income growth rates, potentially indicating a trend of increasing affluence or gentrification. The stability of the population, coupled with rising incomes and increasing diversity, might suggest that the area is attracting more affluent minority families, possibly as part of a broader trend of suburbanization of diverse populations.
Pompton Lakes (07442) presents a picture of a stable, affluent community gradually transitioning towards greater diversity. The economic growth and demographic shifts suggest a community that is evolving while maintaining its core character, potentially offering insights into broader trends of suburban diversification and economic development in the region and nationally.