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Demographic Analysis of Zip Code 07626: Racial Composition and Economic Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07626 in Cresskill, New Jersey, is classified as a "White Majority" area with moderate diversity as of 2022. The white population constitutes 58% of the total, while Asian and Hispanic populations represent 29% and 11% respectively. The area is characterized by high median incomes, with the 2022 figure at $146,175.
Over the past decade, Cresskill has experienced a notable transition in its racial composition. The white population decreased from 66% in 2013 to 58% in 2022, while the Asian population increased from 22% to 29%. The Hispanic population also saw a slight increase from 8% to 11%. These changes suggest a trend towards greater diversity.
The median income in Cresskill has fluctuated but generally remained high. It increased from $137,272 in 2013 to $146,175 in 2022, representing a 6.5% increase over nine years. The highest median income was recorded in 2019 at $156,397, coinciding with a period of increased diversity.
The population has grown moderately from 8,779 in 2013 to 9,277 in 2022, a 5.7% increase. This growth, coupled with the demographic shifts, indicates that the area is attracting new residents from diverse backgrounds while maintaining its economic appeal.
The demographic shifts observed in Cresskill align with broader trends seen in many suburban areas near major metropolitan centers. The increase in Asian population is consistent with patterns observed in other affluent suburbs across the United States, especially those near large cities with strong job markets in technology, finance, and professional services.
The maintenance of high median incomes alongside increasing diversity challenges some traditional narratives about demographic change and economic impact. In Cresskill, increased diversity has coincided with sustained economic prosperity, potentially indicating a positive integration of new residents into the local economy.
Cresskill represents a community in transition, moving from a predominantly white area to one of increasing diversity while maintaining its economic strength. This trend suggests a dynamic and evolving community that has successfully attracted diverse, affluent residents. As the community continues to change, it will be important to monitor how these demographic shifts impact local culture, services, and community cohesion in the coming years.
