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Demographic Analysis of Zip Code 08002: White Majority with Increasing Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 08002 in Cherry Hill Mall, New Jersey, is classified as a "White Majority" community with moderate diversity as of 2022. The white population constitutes 66% of the total, while Asian (12%), Hispanic (11%), and Black (8%) populations contribute to the diversity. The median income of $86,996 in 2022 indicates an upper-middle-class economic status, representing a decrease from the previous year.
Over the past decade, this zip code has maintained its "White Majority" status while trending towards increased diversity. The white population decreased from 71% in 2013 to 66% in 2022, with other racial groups experiencing modest increases. The community has transitioned from "Low Diversity" to "Moderate Diversity" during this period. In 2013, only the white and Asian populations exceeded 10%, but by 2022, Hispanic and Black populations also reached or approached this threshold, indicating a "Transitional Community" status.
The Asian population has remained relatively stable (13% in 2013 to 12% in 2022), while the Hispanic population has grown most significantly (from 7% in 2013 to 11% in 2022). The Black population has increased slightly from 7% to 8%.
The median income in this zip code has shown overall growth, rising from $78,103 in 2013 to $86,996 in 2022, an increase of about 11.4% over nine years. This growth has not been consistent, with a significant rise to $99,399 in 2021 and a subsequent drop to $86,996 in 2022. These economic shifts coincide with the gradual increase in diversity, suggesting that the area has attracted a more diverse, affluent population over time.
The population has grown steadily from 22,234 in 2013 to 23,442 in 2022, a 5.4% increase. This growth, coupled with the increasing diversity, suggests that the area has been attractive to new residents from various racial backgrounds.
The demographic shifts in this zip code align with broader national trends towards increasing diversity in suburban areas. The growth in Hispanic and Asian populations mirrors similar trends seen in many U.S. suburbs over the past decade. The median income in this zip code ($86,996 in 2022) is significantly higher than the national median household income, indicating that this area remains relatively affluent despite recent fluctuations.
The maintenance of a "White Majority" status, albeit with increasing diversity, is common in many suburban areas that are transitioning from historically predominantly white communities to more diverse neighborhoods. This gradual change often reflects broader patterns of suburban diversification and the expansion of minority middle-class populations into formerly homogeneous areas.
The zip code 08002 in Cherry Hill Mall, New Jersey, exemplifies a "Transitional Community" that is evolving from a predominantly white, upper-middle-class suburb to a more diverse, yet still affluent area. This transition reflects broader national trends of increasing suburban diversity and suggests a community that is adapting to demographic changes while maintaining its economic status.
