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Demographics
Population
Median Income
Racial Distributions
Zip code 08057 in Moorestown-Lenola, New Jersey, is classified as a "Low Diversity" area as of 2022. The population is predominantly white (79%) with a median income of $155,812. This demographic composition has undergone subtle changes over the past decade.
From 2013 to 2022, the white population decreased from 84% to 79%. Concurrently, the Asian population increased from 5% to 7%, the Hispanic population grew from 2% to 5%, and the percentage of residents identifying as two or more races doubled from 2% to 4%. These changes suggest a gradual trend towards increased diversity.
The demographic shifts have occurred alongside economic changes. The median income rose from $136,261 in 2013 to $155,812 in 2022, an increase of 14.3%. The population grew from 21,420 in 2013 to 22,370 in 2022, an increase of 4.4%.
The rising median income indicates increasing affluence in the area, potentially attracting a more diverse, high-income population. The moderate population growth, combined with increasing diversity, suggests that new residents from various racial backgrounds are moving into the area.
The trend of increasing diversity in affluent suburbs is consistent with national patterns. The median income of $155,812 is significantly higher than the national median household income. The slow pace of diversification is typical of many high-income suburbs.
Moorestown-Lenola remains a "Low Diversity" community but shows signs of a gradual transition towards greater diversity. This shift is occurring in tandem with increasing affluence. If these trends continue, the community may evolve into a "Moderate Diversity" area in the coming years.