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Demographic Analysis of Zip Code 08061: A Study of Racial Composition from 2013 to 2022
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 08061 in Mount Royal, New Jersey, is classified as a "Low Diversity" community with a "Racial Majority" as of 2022. The area is predominantly white, comprising 81% of the population, with a median income of $87,601. This suburban community has undergone minor demographic changes and significant economic fluctuations over the past decade.
From 2013 to 2022, Mount Royal has maintained its status as a "Low Diversity" community with a "White Majority." The white population has slightly decreased from 77% in 2013 to 81% in 2022. The black population has significantly decreased from 12% in 2013 to 3% in 2022. The Asian population has remained relatively stable, fluctuating between 3-5% throughout the decade. The Hispanic population has shown slight variations, ranging from 2-4% over the years. The population identifying as two or more races has notably increased from 1% in 2013 to 6% in 2022.
The median income in Mount Royal has experienced significant fluctuations. From 2013 to 2019, there was a steady increase from $107,168 to $134,787. In 2020, there was a sharp decline to $87,079, possibly due to the economic impact of the COVID-19 pandemic. In 2021, there was a recovery to $120,280, followed by another decline to $87,601 in 2022, suggesting ongoing economic challenges or shifts in the local job market.
Population growth has been modest but steady, increasing from 1,766 in 2013 to 2,106 in 2022. This growth, combined with the maintenance of a high median income despite recent fluctuations, suggests that Mount Royal remains an attractive suburb for upper-middle-class families, particularly white families.
Mount Royal has maintained its status as a predominantly white community, while national trends have shown increasing diversity in many suburban areas. However, the growth in multiracial residents aligns with broader national trends of increasing racial complexity and interracial families. The economic fluctuations, particularly the sharp decline in 2020 and the subsequent partial recovery, mirror national trends related to the COVID-19 pandemic's economic impact. The second decline in 2022 may indicate local economic factors at play, potentially related to changes in local industries or job markets.
Mount Royal remains a "Low Diversity" community with a strong "White Majority," but subtle shifts towards increased racial complexity are evident. The area has experienced significant economic fluctuations, likely influenced more by broader economic trends than by demographic shifts. Future developments in diversity trends and economic conditions in this community warrant continued observation.
