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Demographics
Population
Median Income
Racial Distributions
The zip code 07928 in Chatham, New Jersey, is classified as a "White Majority" community with a high median income as of 2022. The area demonstrates "Low Diversity" with 78% of the population identifying as white. However, there is evidence of gradual diversification over the past decade, particularly with growth in the Asian population.
Throughout the analyzed period (2013-2022), the community has consistently maintained a "White Majority" status. There is a noticeable trend of decreasing white population percentage, from 86% in 2013 to 78% in 2022. The Asian population has shown significant growth, doubling from 6% in 2013 to 12% in 2022. This trend suggests a gradual shift towards "Moderate Diversity," though the community hasn't quite reached that threshold yet.
The Hispanic population has remained relatively constant, hovering around 5% throughout the decade. The percentage of individuals identifying as two or more races has increased from 1% in 2013 to 4% in 2022, indicating a trend towards greater racial complexity in the community.
The median income in the zip code has shown a strong upward trend, rising from $158,047 in 2013 to $182,423 in 2022. This represents a 15.4% increase over the decade, significantly outpacing inflation. The increase in median income coincides with the gradual increase in diversity, particularly the growth in the Asian population. This could suggest that the area is attracting high-income professionals from diverse backgrounds, especially Asian Americans.
Despite the demographic shifts, the overall population has remained relatively stable, increasing only slightly from 18,578 in 2013 to 19,090 in 2022. This suggests that the demographic changes are likely due to turnover in the existing population rather than significant new development or expansion.
The median income in this zip code is exceptionally high compared to national averages, placing it among the wealthiest communities in the United States. The gradual increase in diversity, particularly in the Asian population, aligns with broader trends seen in many affluent suburban areas, especially those near major metropolitan centers. The stability of the Hispanic population percentage, despite increasing diversity overall, might differ from national trends where the Hispanic population has been growing more rapidly in many areas. The increase in individuals identifying as multiracial reflects a national trend, as more Americans embrace complex racial identities.
While Chatham remains a predominantly white, high-income area, it shows signs of gradually transitioning towards greater diversity. This evolution appears to be happening without disrupting the area's economic prosperity, suggesting a carefully managed integration of new residents that maintains the community's affluent character while slowly increasing its racial and ethnic diversity.