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Demographic Analysis of Zip Code 07924: A Predominantly White, High-Income Area
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 07924 in Bernardsville, New Jersey, is classified as a "Low Diversity" area with a "White Majority" as of 2022. The racial composition shows 85% white population, with minimal representation from other groups. The median income of $173,586 in 2022 indicates a high-income area, significantly above the national average.
Over the past decade, Bernardsville has consistently maintained its status as a "Low Diversity" area with a "White Majority." The white population has remained above 80% throughout the period, with only slight fluctuations. There has been a slight increase in the Asian population from 3% in 2013 to 5% in 2021, though it dropped back to 3% in 2022. The Hispanic population has seen a gradual decrease from 15% in 2013 to 9% in 2022. The Black population remained consistently low, only appearing in the data from 2021 at 1%.
The median income in Bernardsville has shown a significant upward trend over the decade. In 2013, it was $135,504, rising to $181,485 in 2018, and settling at $173,586 in 2022. Despite a slight dip in recent years, the overall trend shows substantial income growth. The population has remained relatively stable, growing from 7,481 in 2013 to 7,577 in 2022, a modest increase of about 1.3%.
The demographic makeup of Bernardsville contrasts with broader national trends towards increasing diversity. While many urban and suburban areas across the United States have seen significant increases in racial diversity over the past decade, this zip code has maintained its predominantly white composition.
The high median income and its growth over the decade place Bernardsville well above national averages. In 2022, the U.S. median household income was around $70,784, making Bernardsville's $173,586 more than double the national figure.
This combination of high income and low diversity suggests Bernardsville may be representative of affluent, established suburbs that have experienced less demographic change compared to more urban or economically diverse areas. The stability in both racial composition and population size, coupled with rising incomes, may indicate limited housing development and potentially high property values, which could be barriers to increasing diversity in the area.
In conclusion, while Bernardsville has seen minor shifts towards slightly increased diversity, it remains a predominantly white, high-income area with little significant demographic change over the past decade. This stability in an era of broader demographic shifts nationwide makes it an interesting case study in the persistence of established community characteristics in certain affluent suburban areas.
