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Demographics
Population
Median Income
Racial Distributions
The zip code 07640 in Harrington Park, New Jersey, is classified as a "White Majority" community with "Low Diversity" as of 2022. The area has a median income of $148,017, which is significantly above the national average, and a population of 4,818.
Harrington Park has maintained its status as a "White Majority" community over the past decade. The white population has decreased slightly from 78% in 2013 to 71% in 2022. The Asian population has increased from 16% in 2013 to 20% in 2022. The Hispanic population has fluctuated between 4% and 8% over the decade, settling at 5% in 2022. Residents identifying as two or more races have increased from 0% in 2013 to 3% in 2022. Despite these changes, the community remains in the "Low Diversity" category.
The median income in Harrington Park has remained consistently high throughout the decade, fluctuating between approximately $144,000 and $160,000. The highest median income was recorded in 2016 at $159,538. There was a slight dip in median income during the COVID-19 pandemic years (2020-2021), but it has since rebounded to $148,017 in 2022. The population has grown modestly from 4,700 in 2013 to 4,818 in 2022.
Harrington Park appears to be changing at a slower rate compared to national trends of increasing diversity in many urban and suburban areas. The high median income and stable white majority suggest it may be an enclave of affluence that has been less affected by broader demographic shifts seen in more diverse urban areas.
The growth in the Asian population aligns with broader trends of increased Asian representation in high-income suburbs, particularly in the Northeast. This could be attributed to factors such as educational opportunities, professional job markets, and established community networks.
The stability of the high median income, even through economic disruptions like the COVID-19 pandemic, indicates a resilient local economy, possibly supported by industries or professions less affected by economic downturns.
In conclusion, Harrington Park shows some signs of increasing diversity, particularly with growth in its Asian population. However, it remains a predominantly white, high-income area with low overall diversity. The community's demographic and economic stability suggests a well-established, affluent suburb that has maintained its character over the past decade, with only gradual changes in its racial composition.