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Demographics
Population
Median Income
Racial Distributions
Zip code 07465 in Wanaque, New Jersey, is classified as a "White Majority" area with "Low Diversity" as of 2022. The white population constitutes 83% of the total. The median income in 2022 was $99,875, indicating an upper-middle-class economic status. This current demographic profile represents the culmination of a decade-long evolution.
From 2013 to 2022, Wanaque maintained its "White Majority" status. The Hispanic population increased from 7% in 2013 to 13% in 2022. The Asian population grew from 1% in 2013 to 3% in 2022, with fluctuations in between. The Black population remained stable at 1-2% throughout the decade. These changes suggest a gradual trend towards increased diversity.
The median income fluctuated significantly over the decade. It peaked in 2015 at $111,748 and experienced volatility in recent years, reaching $122,797 in 2021 before dropping to $99,875 in 2022. Periods of highest income coincided with slight decreases in the white population percentage and increases in minority representation, particularly Hispanic and Asian populations.
Population trends show a slight overall decline from 6,991 in 2013 to 6,724 in 2022, with fluctuations. This modest population decrease, combined with increasing diversity, may indicate a gradual demographic shift as newer, more diverse residents replace some of the outgoing population.
The trends observed in Wanaque align with broader patterns seen in many suburban areas across the United States. These include gradual increases in diversity, particularly with growth in Hispanic and Asian populations, economic fluctuations reflecting national trends, and slow demographic transitions typical of established suburban communities.
Wanaque remains a predominantly white, upper-middle-class community, but shows signs of a slow but steady transition towards greater diversity. The economic fluctuations and subtle demographic shifts suggest a community in the early stages of change, potentially moving towards a more diverse future while maintaining economic stability. Continued monitoring of these trends will be crucial to understanding the long-term demographic and economic trajectory of this New Jersey suburb.