Zip code 07878 in Mount Tabor, New Jersey, is classified as a "White Majority" area with moderate diversity as of 2022. The white population constitutes 67% of the total, while Asian and individuals of two or more races each represent 13%. The area's median income in 2022 was $105,291, indicating an affluent community, although this figure has fluctuated over the past decade.

Mount Tabor has maintained its "White Majority" status over the past decade, but has transitioned from "Low Diversity" to "Moderate Diversity". In 2013, the white population was 78%, classifying the area as having "Low Diversity". By 2017, the white population decreased to 76%, showing signs of increasing diversity. The most significant shift occurred between 2020 and 2022, with the white population decreasing from 77% to 67%. The Asian population has remained relatively stable between 13-21% over the decade. The "Two or More Races" category increased notably from 3% in 2020 to 13% in 2022, suggesting a "Transitional Community" status.

The median income in Mount Tabor has fluctuated considerably over the decade. It reached its peak in 2017 at $138,631, coinciding with a period of relative racial stability. A significant drop to $99,043 occurred in 2019, aligning with the onset of more noticeable demographic shifts. Since 2019, the median income has partially recovered, settling at $105,291 in 2022. These economic changes correlate with demographic shifts, suggesting that as the community has become more diverse, there have been adjustments in the local economic landscape.