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Demographics
Population
Median Income
Racial Distributions
The zip code 07670 in Tenafly, New Jersey, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a high median income of $173,871 and a population of 15,027. This affluent suburb has maintained its white majority status throughout the analyzed period, but has experienced gradual shifts towards increased diversity over the past decade.
The white population has remained the majority from 2013 to 2022, though declining from 63% to 59%. The Asian community has shown significant growth, increasing from 27% in 2013 to 31% in 2022. This rise contributes to the area's shift towards "Moderate Diversity". The Hispanic population has fluctuated, peaking at 10% in 2017 and 2020-2021, before settling at 7% in 2022. The Black population has remained consistently low, never exceeding 2% throughout the period.
The median income has remained exceptionally high throughout the period, increasing from $168,935 in 2013 to $173,871 in 2022, with some fluctuations in between. The gradual increase in diversity coincides with a general upward trend in median income, suggesting that the area's economic prosperity may be attracting a more diverse population of high-income earners. The population has grown from 14,364 in 2013 to 15,027 in 2022, indicating the area's continued attractiveness to new residents.
Tenafly's median income far exceeds the national average, positioning it as an affluent suburb within the New York metropolitan area. While the area is becoming more diverse, the pace of change is slower compared to national trends, which have seen more rapid shifts in racial demographics in many urban and suburban areas. The significant increase in the Asian population aligns with broader trends seen in many high-income suburbs across the United States, particularly in technology and finance hubs. Despite national economic fluctuations, Tenafly has maintained its high-income status, suggesting a resilient local economy possibly tied to stable, high-paying industries.
Tenafly (07670) remains a "White Majority" community, but it is gradually transitioning towards increased diversity, particularly with growth in its Asian population. This demographic shift, coupled with consistently high median incomes, suggests a community that is slowly evolving while maintaining its status as an affluent suburb. The area's ability to attract a diverse, high-income population may be key to its continued economic prosperity and gradual demographic transformation.