Loading Content...
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Zip code 07981 in Whippany, New Jersey, is characterized as a White Majority area with Low Diversity as of 2022. The white population comprises 74% of the total, with Asian residents forming the second-largest group at 13%. The area has a median income of $124,022 in 2022, which is above the national average.
Over the past decade, Whippany has maintained its status as a White Majority area, but shows signs of increasing diversity. The white population decreased from 79% in 2013 to 74% in 2022. The Asian population increased from 11% in 2013 to 13% in 2022. The Hispanic population remained relatively stable between 6-8% throughout the decade. The Black population increased slightly from 0% in 2013 to 1% in 2022. The population identifying as two or more races increased from 0% in 2013 to 3% in 2022.
These changes indicate a slow transition towards higher diversity, potentially categorizing the community as Transitional, albeit at a slow pace. The median income in Whippany has shown overall growth, with some fluctuations. In 2013, it was $119,647, slightly decreased to $119,568 in 2017, increased significantly to $139,150 in 2021, and then decreased to $124,022 in 2022.
The overall trend shows economic growth, with the median income increasing by about 3.7% from 2013 to 2022. This growth correlates with the subtle demographic shifts, particularly the increase in the Asian population. The population has grown slightly, from 8,552 in 2013 to 8,622 in 2022, a 0.8% increase.
The median income in Whippany ($124,022 in 2022) is higher than the U.S. median household income (about $70,784 in 2021). The slow increase in diversity is consistent with national trends. The high percentage of white residents (74%) is above the national average (about 60% non-Hispanic white in 2021), indicating that Whippany is less diverse than the nation as a whole.
Whippany is an affluent, predominantly white area experiencing slow but steady diversification. The community's high median income and gradual demographic shifts suggest a stable economic environment attracting a slightly more diverse population over time. These changes align with broader national trends of increasing suburban diversity and continued economic growth in affluent areas.