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Demographics
Population
Median Income
Racial Distributions
Zip code 07607 in Maywood, New Jersey, is classified as a "Moderate Diversity" area as of 2022. The community has a White plurality (51%), with Hispanic (25%) and Asian (17%) populations. The median income of $94,639 in 2022 indicates an upper-middle-class suburban community.
Maywood has shifted from a "White Majority" area to a "Moderate Diversity" community over the past decade. In 2013, the white population was 66% of the total, but by 2022, this percentage had decreased to 51%. The Asian population increased from 10% in 2013 to 17% in 2022, the Hispanic population grew from 18% in 2013 to 25% in 2022, and the Black population increased slightly from 3% to 5%. These changes suggest a trend towards increased diversity.
The median income in Maywood has shown moderate growth over the decade, increasing from $93,479 in 2013 to $94,639 in 2022. There was a peak in median income in 2021 at $101,311. The population has grown slightly from 9,536 in 2013 to 9,928 in 2022. The economic trends indicate a relatively stable upper-middle-class community, with some fluctuations in income levels.
The demographic shifts in Maywood reflect broader national trends of increasing diversity in suburban areas. Many American suburbs have been experiencing similar transitions from predominantly white communities to more diverse areas, particularly with growth in Asian and Hispanic populations.
The stability in median income despite increasing diversity suggests that the incoming diverse population may be of similar socioeconomic status to the existing residents. This pattern differs from some other suburban areas where rapid diversification has been accompanied by significant changes in income levels.
The population growth, while modest, is consistent with trends in many desirable suburban areas, particularly those near major metropolitan centers.
Maywood exemplifies a suburban community in transition, moving from a historically White Majority area to a more diverse community. The economic stability amid these changes suggests a relatively smooth demographic transition.