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Demographic Analysis of Zip Code 07730: White Majority with Increasing Racial Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
Zip code 07730 in Keyport, New Jersey, is classified as a "White Majority" area with a median income of $105,808 as of 2022. The community exhibits characteristics of a "Transitional Community" with growing Hispanic and multiracial populations over the past decade, indicating a gradual shift towards increased diversity.
Throughout 2013-2022, the white population remained the majority, decreasing from 85% to 80%. The Hispanic population consistently grew from 7% in 2013 to 13% in 2022. The population identifying as two or more races increased from less than 1% to 3% over the decade. Asian and Black populations remained relatively stable at 3-5% and 1-2%, respectively.
The median income showed an overall upward trend, rising from $99,698 in 2013 to $105,808 in 2022, with some fluctuations and a peak of $112,947 in 2021. Despite income growth, the population decreased slightly from 17,873 in 2013 to 17,635 in 2022. The increasing diversity coincides with rising median incomes, suggesting the area may be attracting more diverse, affluent residents.
Keyport's gradual shift towards increased diversity aligns with broader state trends in New Jersey, known for its diversity. The growth in Hispanic and multiracial populations mirrors national demographic shifts, though at a slower pace than some rapidly diversifying areas. The combination of increasing diversity, rising incomes, and slight population decline suggests a suburban area in transition, possibly experiencing some gentrification or changing housing preferences. Despite population fluctuations, the consistent income growth indicates economic resilience and potentially increasing property values.
In conclusion, Keyport (07730) represents a "White Majority" area showing characteristics of a "Transitional Community." The gradual increase in diversity, particularly in Hispanic and multiracial populations, coupled with rising median incomes, suggests a community in the early stages of demographic and economic transition. These changes align with broader regional and national trends towards increased diversity in suburban areas, though the pace of change is relatively moderate. The economic stability and growth in the face of slight population decline indicate a potentially desirable area for diverse, affluent residents, which may continue to drive demographic shifts in the coming years.
