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Demographic Analysis of Zip Code 08027: White Majority with Emerging Diversity
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 08027 in Gibbstown, New Jersey, is classified as a "Low Diversity" community with a "Racial Majority" of white residents as of 2022. The area has a population of 4,437 and a median household income of $74,825. The community has shown signs of gradual demographic shifts over the past decade.
From 2013 to 2022, Gibbstown has maintained a white majority, with the white population comprising over 80% of residents. However, there is evidence of a slow but steady transition towards increased diversity. The white population decreased from 95% in 2013 to 83% in 2022. Concurrently, the Hispanic population increased from 1% to 8%, the Black population from 2% to 5%, and the Asian population from 0% to 2%.
The median household income in Gibbstown has shown overall growth from 2013 to 2022. In 2013, it was $70,519, rising to $72,092 in 2017, peaking at $87,001 in 2021, and settling at $74,825 in 2022. This economic growth coincides with the increasing diversity in the community, suggesting a possible correlation between demographic changes and economic development.
Population figures have remained relatively stable, with a slight increase from 4,407 in 2013 to 4,437 in 2022. This stability, combined with increasing diversity and rising incomes, may indicate that the area is attracting new residents from diverse backgrounds while maintaining its overall community size.
Gibbstown's gradual shift towards greater diversity aligns with broader national trends of increasing racial and ethnic diversity in the United States. The growth in Hispanic population, in particular, reflects a nationwide demographic shift seen in many communities across the country.
The economic growth in Gibbstown, as evidenced by the rising median income, suggests that the area has been resilient and potentially benefited from the increased diversity. This trend is often observed in communities that successfully integrate new populations, leading to economic vibrancy and cultural enrichment.
Compared to more urban or suburban areas that might be categorized as "Moderate Diversity" or "High Diversity," Gibbstown is in the early stages of its transition towards a more diverse demographic makeup. The challenge for the community will be to continue fostering an inclusive environment that can attract and retain a diverse population while maintaining economic growth and community cohesion.
In conclusion, while Gibbstown remains predominantly white, it shows signs of evolving into a more diverse community. This gradual transition, coupled with overall positive economic trends, positions the area for potential future growth and increased cultural richness. Continued monitoring of these trends will be crucial to understand the long-term impacts of these demographic and economic shifts on the local community.
